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Re: TRUISM post# 13277

Friday, 08/03/2018 4:18:22 PM

Friday, August 03, 2018 4:18:22 PM

Post# of 16885
One question what does this mean exactly.

accordance with the Amendment, of a response to questions posed by the European Medicines Agency (EMA), in exchange for *****the elimination of an aggregate of €2.0 million (approx. $2.3 million) of regulatory milestones provided for in the Purchase Agreement, which would be payable potentially in 2019 at the earliest******. The loan, if made (the "Convertible Loan"), will convert automatically
Are they TITAN not going to get any milestone payments because molteni is giving them cash now.So the 2.3 million is no more????in exchange for the loan and 1.1 million now.????? Can someone set me straight with this please.thanks
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