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Re: davidal66 post# 30046

Tuesday, 10/27/2009 3:01:12 PM

Tuesday, October 27, 2009 3:01:12 PM

Post# of 50199
Davidal,

You are entirely misunderstanding the sentiment expressed. I believe MV is indicating that by having the ability to raise capital (regardless of the terms) by having shares available to sell means a company's back is not completely against the wall. That ability to raise shares gives Cortex some leverage in negotiating a deal. It means it has the abilty to survive without a partner, at least for the short-term If they have no shares and no $ and potential licensing partners know that, then it is harder for Cortex to negotiate a strong deal as partners realize desperation and realize that a partnership is the only remaining route for Cortex to get financing.

I asked if it was ok to post my email, and will post if I have an okay--though I admit there is nothing groundbreaking in it.
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