Titan Pharmaceuticals Inc (TTNP)

[TRUISM]

The grant provides for $2,666,592 in funding during the first year and $4,050,000 during the second year subject to the terms and conditions specified in the grant, including a fund matching obligation of the Company in the amount of $1,333,295 during the first year and $2,025,000 during the second year. Funding during the second year is also subject to satisfactory progress of the project and the availability of funds.

The grant is setup in such a way, in order to keep TTNNP honest; due in part to their track record.

If there was full confidence, the Government would've paid for everything; no stipulations necessary.




Blessings to All

TRUTH