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Re: None

Friday, 03/21/2008 10:04:07 PM

Friday, March 21, 2008 10:04:07 PM

Post# of 30387
There are so many possibilities that you cannot say for sure what occurred and why.

I know the test works great.

I know Dr. Moro was not pleased with the progress by Abbott.

Abbotts diagnostic division is something even they don't want any more.

The FDA was after them.

The milestones were very meager so until Abbott started earning money from the test, BioCurex makes no money on the deal.

Abbott is tying up one of the semi exclusive licenses until at least 90 days then Dr. Moro can terminate it if he wants.

IMO, another licensee is in the works and would take the third position.

Maybe Dr. Moro wants to make room for another licensee that has made a better offer.

Those are just some thoughts but one thing for sure. If Abbott wanted to return the product or had initiated it, I think the release would have just stated that Abbott had given notice to return the license.

Why would Abbott participate in a scam to conjure up a cover story of higher royalties? That creates liability on Abbotts part so I don't think the new terms were created to scam bocx investors.

We just need Dr. Moro to tell us more. GS

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