Monday, October 09, 2017 12:43:04 PM
Deadline for the extension is tomorrow
The guarantee was exercised on July 12th, meaning beginning court proceedings to collect the funds could start on Thursday
I don't think Nemus has the funds to go after SB in court, but they do Have very Nasty lawyers and backers with Deep pockets, so who knows
I would be Short the SB deal and long a 1-2m financing
If a downward Move caused by a $2500 selloff makes your stomach turn, I would suggest avoiding investing in start up biotechs
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