Navidea Biopharmaceuticals Inc (NAVB)

[42Delta]

inside...to add....
rough numbers...only about 1M common converted from P to common in April. Those being reported in Q2. The majority of the 15M converted was prior to 3/31. reportable now. Current P-share only about 3100.

As for restructure, past PM restructures washed all debt, in this case inclusive of Oxford and in exchange for P shares. Cash raised from the recent selling would be used to pay off Oxford IF that is what plays out.

Regarding MG there has been a definite change in PM relationship. He is no longer directing, and all funds now with Uri. However, Nothing in your excerpt below suggests he can not represent the interests of PM wherever he/they choose. He continues as we speak to be their designee on other boards. IMO he needs to clear on this one way or another if he expects my vote in July.

cheers