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Re: None

Wednesday, 06/15/2016 9:31:52 AM

Wednesday, June 15, 2016 9:31:52 AM

Post# of 432
A year ago, VCs put $33 million into KalVista for an unspecified ownership percentage.
Now CBYL is putting in that amount, or more and we get 19% or less.

So it all depends on what the valuation of KalVista is these days.

“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken

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