GTC Biotherapeutics (fka GTCB)

[wjlknew]

From message #8383 (2/26/2008) by Dew Diligence:

<Auditors typically consider issuing such a qualification only once per year, when auditing the books at the end of the fiscal year. Hence there is no need to worry about such a qualification until the 2008 10K is prepared in early 2009. By then, I expect that GTC’s financial position will be better than it is now.>

However, my recall WAS wrong on the other point. You DID label Newberry's comment as propoganda. I stand corrected on that one point. I took your above statement as supporting Newberry's nonsense when someone took the position that the placement was to avoid a "going concern" qualification ... which it probably was, but failed.