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Re: thermo post# 620277

Saturday, 08/12/2023 6:58:24 PM

Saturday, August 12, 2023 6:58:24 PM

Post# of 704201
Thermo, In my experience the warrant holders were always at the table and able to negotiate decent term in a restructure while common were left clueless out in the cold. And, with this one, it's all retail so not even an institution to lead for them. But I do understand what you mean about having to fork over more cash in a restructure. Even still you're way better off than common assuming the restructure takes place then they do a new confirmatory trial. But seriously, you've never been offered a chance to invest in Cognate, Advent or any other CDMO maybe in the works?

Is that right that you own $50mn? I take it even at this current share price you're still in the black, yes?

Maybe you can can explain to us why you feel it's better the warrant holders just feed enough funds to keep the lights on all these years instead of being able to get out of the Going concern red flags? It's not like they're running lots of trials so it should be pretty easy for you angels to give them what they need to get out of the "Within" situation.

PS- The other day you mentioned posting a funds wire to the company. I for one would like to see it as further proof you are who you say.
Thanks.
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