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longx

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longx

Re: None

Friday, 12/15/2017 12:18:01 PM

Friday, December 15, 2017 12:18:01 PM

Post# of 2795
According to the latest 8-K filing (dated 12/11/2017) on Edgar:
- The whole Ocera's management has been replaced with Mallinckrodt people.
- There wasn't any mention of the amount of cash shortfall (Ocera's existing cash minus all debts & transaction expenses) described in the 8-K filing. So I guess the deduction of 4cents for every $1M cash-shortfall won't occur and shareholders will receive the full amount $.34/share in the first milestone payment (?)
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