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Re: None

Sunday, 09/26/2021 6:11:12 PM

Sunday, September 26, 2021 6:11:12 PM

Post# of 140474
Hi Liv.

Will anything definitive, like the finality of a BO occur at the time of the 4 milestone, or shortly thereafter? Only if another global company makes a formal entry, or creates a different development agreement, or a separate BO.

I don't think MDT pulls the trigger while on its own timeline. Something would have to happen to push that timeline forward. Which is possible b/c once the Loan is paid we can go work with another global medical device company - if we so choose. That will drive MDT bat-sh!t crazy.

The amount of time it takes to process the amount of due diligence necessary for a proper review/evaluation is much longer than many think. Definitely more than a year. Now, anyone can put the golden handcuffs on TMDI for that period of time, but I'd make it REAL EXPENSIVE. MDT's mistake was not offering enough money to keep TMDI off the game board for a longer period of time. However, Mc may have limited the time of exclusion away from the open market. Kudos to him, if he did. If that was the plan, then MDT's next move will be to extend keeping TMDI off the open market. And Mc gets another opportunity to get a lot more cash for the privilege of keeping TMDI away from competitors.

That's why I think MDT's in negotiation with TMDI to keep it off of the game board. Time is the only factor that can further mitigate risk, with additional research into the target asset/company.

Good question.

Good luck to all. Regards,BK.