Synergy Pharmaceuticals Inc fka SGYPQ

[Snackman]

From my last post:

If the company was interested in borrowing more money they would have already worked with CRG to reduce the sales target for this year or they would have already borrowed the $25 million on June and been more aggressive on sending samples and trying to gain more scripts.

Instead, the company seems to only be using the loan as an insurance policy in case talks collapse.

The 2 more likely scenarios are a partnership or a merger because no money was borrowed. Some type of upfront money deal is likely on the works - otherwise,

Synergy wouldn't keep pushing the deadlines to borrow money and most importantly CRG wouldn't keep working with them to modify the deadlines while costing them money.