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Re: DewDiligence post# 18509

Sunday, 03/15/2009 3:55:10 PM

Sunday, March 15, 2009 3:55:10 PM

Post# of 19309
Excuse me Dew, I was wrong. I should have said you act and post as if those assets for GTCB have no value, not that you directly say it has no value. I do apologize for stating an interpretation of what you said, despite the fact that it does capture your spirit of negative views about GTCB. See, whenever I bring up the a comparison of GTCB to INSM, you routinely dismiss it and focus on the $20 or so million that INSM got for their biologicals as if that is the only relevant number to GTCB. You also keep saying INSM got the bulk of the money for their personnel and production facility. I don't know how anyone could interpret your repeated comments as anything else except that you place little to no value on GTCB's trained personnel and production capabilities. But you are correct, you didn't come out and directly say it has no value so I apologize.

Now why did I intepret your comments as meaning you think GTCB has no value. I would assume that GTCB could get as much as INSM got. See GTCB has a market cap of $34 million now at $0.31 a share, so if they could get $120 million, how much would GTCB be worth a share? You keep dismissing GTCB. Please tell us how much you think GTCB could get for their assets since you keep saying that the INSM deal has no bearing on GTCB and even mocked me for saying the INSM deal is a plus for GTCB? As far as being mortgaged to LFB, yes that it true with the mortgage being due in July 2012. But being mortgaged to LFB isn't the same as LFB owning GTCB. LFB just has the first call on the IP in the event that GTCB goes bankrupt.

As long as we are on the issue of corrections, when are you going to apologize for repeatedly saying that GTCB and LEO have been lying about rATIII having no issues of safety or efficacy behind the breakup? When are you going to apologize for repeatedly saying that LEO knows rATIII is a failure in DIC?

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