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Re: mblimon post# 8720

Thursday, 03/06/2008 5:41:47 PM

Thursday, March 06, 2008 5:41:47 PM

Post# of 19309
With due respect'''''''''''''

This is really about one thing.....a partnership....I take management at their word when they say they were anticipating inking a deal by the end of last year or early this year. The deal did not get done....unless you know the complete details,,,and I'm all ears..... please do not assume GTC was at fault. My read was they thought it was a done deal and it certainly would have included money. In every deal there are two interests and GTC would not be the first to be left scrambling at the altar.

One thing the Canadian White paper (I'm sure youv'e read it) on transgensics made a huge deal about was just how very difficult it is for a small bio tech to bring a transgenic product to market... The entire BIO Tech industry is set up to block this from happening. GTC is the only one to do it so far...this is a formidable task which you may not appreciate.
I have read your post. You state management is incompetent but you do not give any specifics...eg. what did they they do?? Ans you don't know. Dew thinks he does. He thinks they should have secured financing before waiting so long.... I do not agree, but at least I appreciate a specification. Running this business is more complicated than checking the market action and deciding a terrible mistake has been made.


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