Email response from Phillip...
Please be aware that we have been and we are committed to transparency with our stockholders. We will continue to announce updated information when it is deemed to be significant and material. As for your question related to “where we are headed”, please see our selected recent News Releases that are attached for the information that is public and relevant. Until we issue additional updates, we’d like to direct you to the archived presentation on our website under “Newsroom”; the BIO CEO presentation was recorded on February 14, 2012 and contains the most up-to-date and public perspective on BioSante. Beyond that, I politely ask you to please stay tuned for future news releases.
As for the debt exchange, we believe it was important to extend our cash runway and add additional flexibility.