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Post# of 108192
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raja48185

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raja48185

Re: Traderbx post# 79270

Thursday, 08/30/2018 9:18:17 AM

Thursday, August 30, 2018 9:18:17 AM

Post# of 108192
Did AMGN invest in ADXS equity a couple of years ago? That is a form of payment I guess. So the conditional clause was that there will be payment due to ADXS (anywhere from 50 million to 75 million) only if the equity investment by AMGN in ADXS has doubled in monetary value. Now that investment is reduced to pittance, there is not going to be any payment till the trials are done and FDA approval is official. Happens all the time in biotech. Know of 1 instance that happened in 3000 B.C. on Mars.

So easy to come up with theories.

How many ADXS Employees does it take to change a light bulb? - 24% lesser based on the CEO's statement.

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  • 1M
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  • 6M
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