Tamir Biotechnology Inc. (ACEL): This is an option grant, not an exercise...

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Re: Perris post# 103

Saturday, 03/08/2008 3:43:06 PM

Saturday, March 08, 2008 3:43:06 PM

This is an option grant, not an exercise. #1 of Table II shows that what is being acquired is a "right to buy".
I still think it is positive as she has negotiated for options rather than cash.

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