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Re: FDApproved post# 8776

Friday, 12/01/2017 10:05:16 AM

Friday, December 01, 2017 10:05:16 AM

Post# of 44784
No, THAT IS NOT ALL THAT MATTERS!!! What matters is that approximately 75% of that funding doesn't go into their coffers. The fact that they mislead investors is monumental. Obviously YOU thought 100% of the other 2 grants went directly to them, so good for you if you don't mind being mislead. I do!!! I thought the same so don't feel too bad.

Below is their tweet from Oct. 9th. No mention of their small percentage of the grants. By reading this tweet, would one not think 100% was going to Pluristem like you thought? Of course they would. Was that purposely done, since this was when we were making a run to get the price higher for the raise? One could think this could open them up to potential lawsuits from recent raise participants. You can judge for yourself.

"Pluristem Therapeutics is the recipient, of three awards totalling nearly $25 million from the European Unions Horizon program."