Versartis, Inc. (VSAR)

[humonstick]

It is convenient for you to have the desire to cherry pick only the numbers and ways fit the picture that you wanted to paint. It is amazing you can claim of having at least $2.35 redistribute back to shareholders using balance sheet numbers and incomplete low estimate burn rate. When one points out your incomplete but extremely low estimate burn rate, you decide to focus on balance sheet only while you know full well the unbreakable correlation and important of the balance sheet and estimate burn rate. The fees and time required in relation to liquidation will only exist upon liquidation, so of course it doesn’t exist now. I’m not sure what % of the cash equivalents equity burn rate is considered significant to you but anything over 10% of the ~89 mil is significant to me. Tell me again your estimate amount of the cash burn for Oct-Dec’17 as compared to $49 mil loss less non-cash loss for the Jul-Sept’17 quarter? Since all you need to know whether the stock is a no-brainer based on board/mgmt transactions, this is enough to know the need to weight your words like the wind.