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Re: alexwv post# 96394

Tuesday, 03/31/2015 6:59:37 PM

Tuesday, March 31, 2015 6:59:37 PM

Post# of 403752
alexwv, so what your saying is Aspire has zero risk by providing CTIX a line of credit? Cellceutix controls a good portion of the terms in the deal... Yes, they're not handing over a blank check to CTIX, but this is normal business practice for start-ups and small biotechs. If you don't like the terms you have the option to sell. I've been the most critical of Leo, but Aspire has been a good partner compared to most toxic funders that are out there. Still boils down to trial success.