GTC Biotherapeutics (fka GTCB)

[Lewis R Goudy]

> first Dr. Cox said the cash burn excluded any other possible deal payments then the CFO said the same thing.<

Those were actually the second and third iterations--JG made
the same point in his prepared remarks, which suggests
calculated intent. Note also the date attached to GC's caveat
and the reference to JG's tendency to be conservative in his
guidance:

"exclusive of any partnering negotiations which are ongoing
and which may get completed before the end of this year.

It's almost good cop/bad cop--"we're bagging that cash right
now but that fiscal bluenose CFO won't let me brag on it".