Champions Oncology Inc (CSBR)

[fred the cpa]

Lumdus, I agree with your last post. My e-mail to the C.E.O. was very strong and indicated that there were disgruntled investors that were disappointed that the only potential possible cancer curing compound was going to be placed in a new Company. Thus, the clarification. I am also pretty sure that they were thinking of the formation of a new company to develop and market any potential cancer curing compounds more than six months ago when they initially noted that they were no longer going to develop compounds in CSBR. The development and marketing of such compunds is simply too expensive and CSBR can no longer offer a big enough "piece of the pie" for new investors to be interested. I must wait for an announcement from CSBR detailing what the new arrangements will be, the percentage of the minority interest of CSBR in the new company and the percentage of the insiders of CSBR that has partial ownership in the new company. I am pretty sure that I may not be able to get the latter information. However, after saying this, I am still very bullish on the stock of CSBR. One thing that does get my attention is the purchase of 3,000,000 shares of CSBR by Battery Partners, only about a month ago, from the original shareholder. They bought these number of shares after they must have known about the new arrangement. I can not think of another reason that they would do this.