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Re: Rocky3 post# 3092

Monday, 08/19/2024 9:06:25 AM

Monday, August 19, 2024 9:06:25 AM

Post# of 6021
Sure and I think that is another proper way to look at the transaction - higher burn*, but more net** cash on hand to cover that burn after the transaction
* burn is still lower than most small bios that have zero royalty interest
** net bc the debt on the balance sheet equates to less income rather than a true liability owed
Glad we now agree :)
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