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Re: Biobillionair post# 28505

Sunday, 06/01/2014 3:43:26 PM

Sunday, June 01, 2014 3:43:26 PM

Post# of 426566
More or less: they had 164M by March 31. With 7M/mo cash burn they have 150M in the bank now as end of May.

Why do you think that if the cash is less than 150M Pharmakon could take it?

Threshold Amount: the maximum amount / sum of amount should be paid by Amarin. No other meaning.

Kiwi:

They could definitely defer till 2017 and if necessary further with the same method. (Keep it it mind the the 10% is only a calculation based on the last 2 Q and maybe it will be higher)

'The attainment of a Quarterly Cap in any Calendar Quarter during the Payment Period ..'

“Payment Period” means the period of time commencing on October 1, 2013 and ending on the Threshold Date

“Threshold Date” means the date on which Purchaser has actually received an aggregate amount of payments on account of the Scheduled Quarterly Payments equal to the Threshold Amount.
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