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Re: None

Monday, 05/22/2023 11:21:29 AM

Monday, May 22, 2023 11:21:29 AM

Post# of 64217
by TimGDixon » Wed May 17, 2023 6:55 pm

Codycrusher wrote: ?Wed May 17, 2023 6:51 pm
Oh ok I understand, what about a commercialization, the subsidiary would be bringing in billions if not 10-20-30 billion a year or more from a breast cancer treatment if you get that commercialized for example, if TSOI owns for example 20% ownership, would that hurt the fact of those profits reflecting on TSOI big time?
Not sure I follow you. But I think you are saying if reno went all the way to fda approval we would own 20%>? We own 65% now - how do you get us to 20%? The other phase(s) I assume you mean and so yes in that case we could own considerably less than we do now but thats not necessarily the plan for reno. The plan for reno is to complete phase 1/2 breast cancer and sell the company. In that case when sold we own about 57%.

Remember TSOI owns all the patents and the licensing agreements either stay in place with new owner in the case of a buyout or the new owner buys out the license from TSOI - either way TSOI is in for much more than the stock.

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