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Re: DewDiligence post# 68028

Friday, 10/31/2008 9:55:19 AM

Friday, October 31, 2008 9:55:19 AM

Post# of 257580
Flattery will get you nowhere!

Just being honest. Most discussions here are carried/corrected by your knowledge of the biotech markets.....but yes enough flattery for today.

But, seriously, I think IDIX did have a good CC.

Dew, do you have a link for the CC. I would like to listen to it tonight.

In this market, it was especially important that the CFO stated in plain language that IDIX is well capitalized and does not have a liquidity problem.

That's great to here, however, that IMHO, does not exclude the opportunity for a financing assuming two things:
1) There is a BD left out there that can execute a PIPE and/or any other type of financing(hopefully not a debt deal)

2)They liscense a portion more of the company to BP for more operating capital, when the timing is right.

oxy

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