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Thursday, June 13, 2024 4:24:52 PM
I don't see why a distribution to existing equity holders should not be declared. The Unsecured Creditors are looking forward to the amended plan which will increase the number and amount of payments they will receive. These Milestone Payments are based on regulatory approval which seems likely to first come from Australia as the result of our PREACH-M trial for CMML.
With the progress management has made, I truly don't see how existing equity holders could fail to be rewarded.
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