Biotech Values

[mouton29]

Dew's interpretation of the statement I reported is possible. Another is that they simply made a true statement, at this point, the only press releases we have issued are those I referenced. Perhaps more polite than no comment, and I suppose providing the "information" that I hadn't missed anything. Or perhaps being deliberately ambiguous.

Again, this is a firm underwriting. The Company can give the underwriters some slack and postpone the closing, but in the end, the underwriters are obligated to close even if they can't sell the stock at a profit.