Alliqua Inc fka ALQA

[tr8dervic]

They might get the occasional PR spike out of it, but that's about all. No profits are in sight for 2 years.

They have 24 months remaining on the aggreement with Fusion Capital, Fusion to buy $15 mil worth of stock at the average of lowest 3 days of preceding 12. Fusion cannot buy below .50...so that is the target range for them to drive the pps down to for maximum bang for the hedge fund buck.

Insiders recently issued themselves options on 6 million shares at .85 good until 2016.

The cost to MSU was much smaller than I thought it would be. Only $1000 up front. You can find the milestone payments and royalty schedule here:

http://www.sec.gov/Archives/edgar/data/1054274/000105427406000022/exhibit101licenseagreement.htm

As you can see, the milestone payments are quite small and royalties only 2.5%.

I would be inclined to accumualte below .75 lightly and heavy below .60 and sell 75% on all spikes above 1.00 and keep a 25% core just in case it does a moonshot.

Good luck to you,

Vic