Erthang: "Is that Dec 29th date intended to suggest to the board that something is suppose to happen around that date."
Your interview quotes Moro stating:
"The question is, why dilute the shareholders, if you are going to get it in a short period of time from Abbott."
"After we get into dynamics, we need to raise about 4 million dollars. I'm close to getting revenue from Abbott for royalties. It holds me back a little bit in terms of, why increase the share base of the company when we can get our money from Abbott?"
Saying it once, you might say he misspoke, saying it twice, no way. On Feb 25th of 2006, Moro was expecting royalties soon. It would obviously be from the advanced royalty provision of the agreement that states they will be paid in 2007. The big question is "What date will those royalties be due and what would be Moro's time frame of SOON?" If that date is March 29, 2007, the anniversary of the deal, and if Abbott is still in possession of the test 90 days prior, those royalties will have to be paid. Moro stated he needed 4 million dollars to get on an exchange and was hinting that at least that amount might be forthcoming from Abbott via those royalties.
As I stated, I will be back on December 29th and if the test has not been returned, it is LOAD UP THE TRUCK TIME. 42 days and counting down. It's decision time for Abbott.
That is the significance of Dec 29th.
