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Re: DewDiligence post# 12929

Sunday, 07/13/2008 11:36:05 AM

Sunday, July 13, 2008 11:36:05 AM

Post# of 19309
>Pharming had $78M of unrestricted cash, $16M of restricted cash, $110M of convertible debt, and $10M of other liabilities.

Net net, Pharming has -ve cash balance, i.e. Pharming is in worse shape than GTCB.

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