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Thursday, December 04, 2003 3:52:47 AM
The funding by a real investment company is a plus. There is a contract for a 20 month period and a withdrawal would be costly for both parties. Previous misteaks were made by DNAP (TBF funding) and by LJC (?) (as possibly indicated by a company ARCH mentioned.) We all make mistakes but I think we all live and learn. What doesn't kill us makes us stronger. A comparison of the funding agreement when filed will be useful. We can then see how sharp our tools are. Conversely it may show how much faith LJC has in the DNAP business model. This is a big step, to gain this kind of commitment, but it is a first step.
DNAP is moving into position to grow with the economy. We do have a recovery underway, and both biotechnology and nanotechnology are sure to be leading the way. In the scheme of things our national value has decreased with the dollar and the trade deficit stinks, we're spending money on domestic defense against an enemy that may be to busy in other areas to attack us here, effectively. The tax cuts and interest rate cuts will come back to haunt us in the future, but for now going into an election year, well the economy looks rosier and rosier. DNAP is getting press with this financing and we are going into a week with tons of announcements by big Pharma.
Athena-Capital is still mentioned isn't it? They are the Florida people working with DNAP on funding.
20 months in the scheme of things is not a lifetime, and DNAP has been in existence what some 3 plus years? Now I think that adds up to a five year business plan. If we look back at the preceding 20 months, much has happenned. I can wait a little longer. I would just be more comfortable closer to a dime than a penny! When we cross that threshold again I'm only looking up.
I thank all the posters here for the good dilligence, and even thank the crew on RB who remind us everyday how good it is to be us.
Stakddek
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