Proxy meeting Nov 14 2019
FDA meeting of Sept 19 2019 results. MTFB figure would take at least 2 years and millions of dollars to finish Phase 3
Current cash they have basically null.
2 Loan payments postponed by lender Hercules till end of Oct.
Vote on orderly sale or wind down of MOTIF Inc with the result of the company to become a cash shell.
And basically would have to pay off Hercules. And they own it.
Few other things of interest you may want to read about also in report.
Had this on my watch list for awhile glad I stayed on the sidelines.
Anyways I see no reason to keep on watch list myself any longer.
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