I no longer think BMSN will do a pass-though divy of the Series A pref. shares. I have a major new theory on what's about to happen:
Many here think some big and great news is on the way based on all the employment contracts and pipeline enhancements as of late...and so do I. I have a feeling that the BIG news will be some kind of JV/partnering deal which will pump in a major cash inflow up front into Regen which they will also report as revenue!
Regen in turn will then take a chunk of those funds and DIVY THEM OUT...to the common holders as well as the extra for the Pref. series A shares. BMSN will get the bulk of that cash and do share buy-back retirement of some amount (so they need to hold those pref. shares for even more cash). Mr. Caven, our new CFO is quite skilled in these types of deals/maneuvers as well.
REGEN will still have enough cash in the coffers to move forward on EVERY front and more even after a fat cash divy paid.
Why do you think C. Ichim just put all her valuable IP into REGEN for shares???? To monetize the value, that's why......
This is my latest and greatest theory and very well expect the JV/partner deal relates to C. Ichim's IP.
Hit the ask early and often!
TRAZ
