BioCurex, Inc.(fka BOCX)

[Ted F]

IMO Abbott is history. For whatever reason they handed the keys back to BOCX. For just $50k they could have kept kept things status quo(would have helped BOCX) and have just waited for BOCX to reach whatever conditions ABT deemed necessary to move forward. They obviously don't believe that BOCX has the goods to make recaf viable. Instead it appears that they returned the licence and then renegotiated the deal with BOCX (we don't even know how much more BOCX got-(2% or .001%?). IMO, this renegotiation was done out of respect for Dr. Moro, as those who worked with him from ABT probably recognized the damage an outright return would cause.

I, like everyone else on this board want BOCX to succeed, but the reality is they lost their big partner, and they are running out of cash with fewer options to raise capital. I do hope that a third licencee is in the works because it is imperative that money comes in ASAP. If not, maybe IMA proceeds, with money given to prop up BOCX. If that happens I see IMA buying out BOCX pretty cheap.