Tikcro Tech. (fka TIKRF)

[Renee]

TIKRF: Final Liquidation Distribution at $0.305 per share. Transfer books closed.

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[illegal_alias]

Tikcro Technologies

Tikcro Technologies (TIKRF) has an investment in BioCancell Therapeutics Inc. (XTAE:BICL) through which the company is engaged in the discovery, development and commercialization of therapies to treat solid cancer tumors. It trades at roughly 50% of net cash and at an EV/EBIT ratio of 5.51x. There is no doubt the company has been something of a value trap over the past decade:

GuruFocus already reported on Steven N. Bronson taking action against the incumbent management in 2007, and he appears to have made some headway as a different CEO has been installed in the meantime. Bronson continues to hold approximately 16% of shares.

http://www.gurufocus.com/news/391027/5-deep-value-or-netnet-investment-ideas

[db7]

market not too impressed thus far either

[swampboots]

They have fingers in very encouraging cancer approaches which captures leading edge research but too early to fall under spell of enthrall, as process as of now too attenuated.

[db7]

news

[db7]

should have kept my mouth shut I guess

[db7]

this was added in 2014, could be encouraging:

http://www.crunchbase.com/organization/tikcro

[swampboots]

Dunknow..........have this for eons and just waiting to take my medicine good or bad.

[db7]

hi swamp, I 'almost' bought a very large position here recently BUT as I dug more I 'think' I talked myself out of it.

I was thinking, wow! buy a $1 for $.60 and maybe get a cash divvy for all that free money at some point. OR maybe get an Israeli reverse merger.

Now, I'm not a professional so please do your own DD BUT what I think I uncovered was that in the event of a divvy we'd owe 25% to the Israeli tax collector. So buying $.75 for $.60 with no liquidity is just not the same as buying $1 for $.60 to me.

If this was a US shell I'd own 4.99% by now LOL.. just too many uncertainties for me here.

I'll keep it on very close watch for a deal but probably as far as i'll go with it for now.

g/l!

[swampboots]

Ok wake up an tell me what I do not know!

[atout]

<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exh131107.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
Exhibit 99.1

PRESS RELEASE
For more information contact:

Lee Roth
KCSA Public Relations Worldwide
[phone] [e-mail]




Tikcro Sends Letter to Shareholders

Tel Aviv, Israel, November 13, 2007 -- Tikcro Technologies Ltd.
(OTC BB: TIKRF) today announced the mailing of the following
letter to all Tikcro shareholders:
November 13, 2007

Dear Fellow Shareholders:

I am writing to update you on the efforts of your Board of Directors to maximize
shareholder value and to address some public comments recently made in a letter
from a shareholder of Tikcro.

Our Course of Action

As you know, Tikcro sold all of its operating assets in April 2003. Since then,
we have explored various alternatives and business opportunities. To date,
Tikcro has evaluated numerous potential business combinations and other
opportunities with a variety of companies. Our goal has always been to explore
the best course of action for Tikcro that would maximize shareholder value in
the long run.

Consistent with our goal, we explored several potentially interesting
opportunities in the past years and engaged in extensive due diligence and
negotiations in 2007 in connection with two of these opportunities. One involved
a company with which we had signed a letter of intent. However, we decided to
terminate the discussions due to the discovery of certain information during the
course of our due diligence review. Thereafter, we became actively involved in
negotiating another potentially attractive acquisition opportunity. Ultimately,
the target's board of directors decided to pursue other financing alternatives.

The Reality about Management's Efforts and its Compensation

We were disappointed to learn from comments made by that certain shareholder
that there is a perception that management is over paid. In reality, the facts
demonstrate that the opposite is the case.

Since May 2003, I have served as Tikcro's Chief Executive Officer for no
compensation, and our four directors (including myself) have received
compensation of only $1,000 per Board meeting. (Our two statutory outside
directors also receive 11,000 stock options per year at the market price of
Tikcro's shares at the time of shareholder approval.) During this period, Tikcro
had no officers or employees on its payroll. All the work on potential
transactions was accomplished under the direction of Eric Paneth, who is also a
large shareholder and director of Tikcro, and me without any compensation to us.

We imposed strict financial discipline at Tikcro which, combined with the lack
of employee compensation expense, preserved Tikcro's primary asset, its cash. As
a result, Tikcro's cash position has increased over the past several years. With
respect to compensation, and further to comments made by the shareholder, I
would like to clarify the basis for the Board's proposal last year to grant
stock options to Eric Paneth and to me, a proposal that was ultimately withdrawn
by us. The proposal involved the grant to Eric and me of stock options at
Tikcro's market price on the date of grant that would vest only if there was
significant increase in the price of Tikcro's shares. While Eric and I
ultimately decided to waive this proposal, it is important for our shareholders
to understand the rationale and terms of this proposal.

The Board appreciated that our efforts on behalf of Tikcro were performed
without any compensation to us. Because Eric and I did not want to receive any
compensation unless we succeeded in significantly enhancing shareholder value,
the Board created a proposal to grant us contingent stock options that would be
linked to significant increases in Tikcro's share price.

In his letter, the shareholder stated that these options were to be issued at "a
price that was significantly below the cash value of Tikcro's ordinary shares."
In reality, the options were to be granted at the market price of Tikcro's
shares at the time of shareholder approval. Also, the shareholder failed to
mention in his letter that vesting of the options would have occurred in three
installments, only on the condition that the market price of Tikcro's shares
would have increased by 200%, 300% and 400%, respectively.

It is quite amazing that the shareholder felt the need to discuss and
misconstrue a proposal that was ultimately withdrawn. We just want to set the
record straight.

Shareholder's Proposed Transaction

In his letter, the shareholder referred to a particular transaction that he had
introduced to Tikcro. Your Board of Directors gave serious consideration to that
proposed transaction and tried to negotiate terms that would be satisfactory to
Tikcro. However, the other party was inflexible, and your Board decided in good
faith to terminate the discussions.

Going Forward

Going forward, we are still committed to maximize shareholder value and explore
strategic alternatives that are in the best interests of Tikcro's shareholders.
We will continue to diligently explore the best course of action for Tikcro,
including attempting to merge or effect a business combination with another
company or to acquire minority stakes in one or more operating companies. We
continue to seek opportunities that will benefit all of Tikcro's shareholders
and look forward to your continued support.

Very truly yours,

Izhak Tamir
Chairman of the Board
and Chief Executive Officer
About Tikcro Technologies:
Until the closing of the Assets Transaction with STMicroelectronics in 2003,
Tikcro Technologies Ltd. (formerly known as Tioga Technologies Ltd.) developed
standard integrated circuits (ICs) for broadband communications applications.
Substantially all of its assets and related liabilities were sold to
STMicroelectronics. Tikcro is headquartered in Tel Aviv, Israel. For more
information, visit Tikcro website at www.tikcro.com.

Safe Harbor Statement
Certain of the statements contained herein may be considered forward-looking
statements that involve risks and uncertainties including, but not limited to,
risks related to the asset purchase agreement with STM and risks of operations
in Israel. Such risks and uncertainties are set forth in the Company's SEC
reports including the Company's Form 20-F. Actual results may materially differ.
Results of operations in any past period should not be considered indicative of
the results to be expected for future periods. We undertake no duty to update
any forward-looking information.

</TEXT>
</DOCUMENT>

[53chevy]

WOW! Good for him! Perhaps we should put him in touch with Mark Smith!

[atout]

STEVEN N. BRONSON
100 Mill Plain Road
Danbury, Connecticut 06811
Tel. [phone]

October 16, 2007

To the Shareholders of
Tikcro Technologies, Ltd.

Dear Fellow Shareholders:

I am the beneficial owner of approximately 14.6% of the issued
and outstanding ordinary shares of Tikcro Technologies, Ltd.
("Tikcro"), thus making me the largest shareholder of Tikcro. I have
been a shareholder of Tikcro for several years and I have patiently
waited for management of Tikcro to increase shareholder value.
However, over the past 4 1/2 years, the current management team of Tikcro,
namely Izhak Tamir and Eric Paneth, who collectively own 26.6% of the
issued and outstanding ordinary shares of Tikcro, have failed to take
any action to increase the value of Tikcro's ordinary shares. During
that period, Tikcro has been a shell corporation with nearly
$10,000,000 in cash with a stated plan of operation to seek to
consummate a merger or business combination transaction. Despite
generally favorable market conditions, Messrs. Tamir and Paneth have
not consummated any transaction nor generated any operating revenues
for Tikcro. I submit that Tikcro needs a new management team and that
Messrs. Tamir and Paneth should not be re-elected as directors of
Tikcro. Accordingly, I have submitted my proxy card for the upcoming
annual general meeting scheduled for October 25, 2007, and I have cast
my votes against the re-election of Izhak Tamir and Eric Paneth as
directors of Tikcro.

On August 14, 2007, I delivered a letter to the board of
directors of Tikcro (the "Board of Directors") that delineated examples
of Messrs. Tamir and Paneth's failure to seize and act upon business
opportunities to provide value to Tikcro's shareholders, including, the
Board of Directors' decision to reject a recent business opportunity I
introduced to Tikcro. A copy of my August 14th letter is attached as an
Exhibit to Amendment No. 10 to my Schedule 13D filing relating to the
ordinary shares of Tikcro. The business opportunity, referred to in my
August 14th letter, involved a significant capital infusion into Tikcro,
as well as the involvement and leadership of a well-respected and
successful entrepreneur (the "Investor") in Tikcro's business (the
"Transaction"). I believe that the Transaction was in the best
interests of Tikcro's shareholders, but Messrs. Tamir and Paneth,
acting in furtherance of their own self interest declined to proceed
with the Transaction claiming that the Investor did not agree to pay a
premium on the cash value of Tikcro's ordinary shares for a controlling
interest in Tikcro. I note that the premium Messrs. Tamir and Paneth
demanded to consummate the Transaction would have valued Tikcro's
ordinary shares at a price that was more then 50% above the price per
share at which the Board of Directors proposed to issue stock options
for 8.8% of Tikcro's ordinary shares to Messrs. Tamir and Paneth last
year.

<PAGE>
October 16, 2007
Page two

At Tikcro's 2006 annual general meeting of shareholders, the
Board of Directors recommended that the shareholders approve the
issuance of stock options representing 8.8% of the then issued and
outstanding ordinary shares of Tikcro to Messrs. Tamir and Paneth at a
price that was significantly below the cash value of Tikcro's ordinary
shares. Tikcro's 2006 Proxy Statement indicated that the reason the
Board of Directors wanted to grant the options to Messrs. Tamir and
Paneth was to provide a "greater incentive" to Messrs. Tamir and Paneth
to maximize shareholder value. It is rather surprising that Messrs.
Tamir and Paneth's existing 26.6% ownership interest in Tikcro is not a
sufficient incentive for Messrs. Tamir and Paneth to generate value for
Tikcro's shareholders. While the Board of Directors ultimately
withdrew the proposed grant of options to Messrs. Tamir and Paneth,
they did so only after I vehemently voiced my objections to the options
grant. As noted above, in connection with the Transaction, the Board
of Directors unreasonably demanded that the Investor pay a per share
price that was approximately 50% higher than the strike price upon
which they were going to issue nearly 9% of Tikcro's issued and
outstanding ordinary shares to Messrs. Tamir and Paneth one year ago.

Additionally, I believe that Tikcro's shareholder rights plan,
which acts to prevent any takeover or business combination transaction
involving Tikcro unless it is agreed to by the Board of Directors,
should to be terminated because the shareholder rights plan does not
benefit Tikcro's shareholders, but rather only serves to entrench
management. I submit the Board of Directors should seek to revitalize
the Transaction and submit the Transaction to a vote of Tikcro's
shareholders.

I believe that Messrs. Tamir and Paneth have not acted in the
best interest of Tikcro's public shareholders and that Messrs. Tamir
and Paneth, as well as the purported outside directors, are entrenched
and are unwilling to act in the best interests of Tikcro's public
shareholders. I believe Tikcro and its shareholders deserve a new
management team whose efforts will be focused on maximizing shareholder
value.

Accordingly, I have submitted my proxy card for the upcoming
annual general meeting scheduled for October 25, 2007, and I have cast
my votes against the re-election of Izhak Tamir and Eric Paneth as
directors of Tikcro. I believe that, whether or not Messrs. Tamir and
Paneth are re-elected to the Board of Directors, it is important to
remind management that Tikcro is owned by its shareholders and that
Tikcro must be managed for the benefit of all shareholders and not just
Messrs. Tamir and Paneth

Very truly yours,

/s/ Steven N. Bronson

Steven N. Bronson

[atout]

13D 10/18/2007

...Mr. Bronson may be deemed to beneficially own an aggregate of
1,156,124 shares of the Issuer's Ordinary Shares, representing approximately
14.6% of the total shares of Ordinary Shares issued and outstanding. The
securities of the Issuer beneficially owned by Mr. Bronson include (1)
1,056,452 Ordinary Shares held jointly by Mr. Bronson and his spouse and (2)
99,672 Ordinary Shares held by the CBP Plan...

Mr. Bronson is the president of Catalyst Financial LLC ("Catalyst"), a
broker-dealer registered under the Securities Exchange Act of 1934. The
principal place of business of Catalyst is 100 Mill Plain Road Danbury,
Connecticut 06811. Mr. Bronson is also the trustee of the Catalyst Financial
LLC Profit Sharing Plan Cash Balance Plan F/B/O Steven and Kimberly Bronson
(the "CBP Plan") which also maintains its office at 100 Mill Plain Road,
Danbury, Connecticut 06811...