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Sunday, November 08, 2009 7:41:59 PM
So lame that I'm right about those losers (mngmnt). I predict there will be no deal. The PIPE will pass at about 66%. They will offer all 100M new shares at .15 - 60M/ w 30M warrants and 10M to R&R. That raises about $9M. They will waste it on an expanded SA trial that will suffer from the usual ills, and at the end of the day, they still won't get a deal.
They are stupid and stubborn, just like the Green Bay Packers coach, Mike McCarthy. He's convinced that better practices will result in wins. When the problem is Aaron Rodgers holds the ball too long and the zone blocking scheme sucks.
With Cortex, it's the scheme that sucks. Run small poorly designed and run trials, then hope BP comes knocking at their doors.
Lather, rinse, repeat. I don't care who gets the IP, I just hope they run with it and are well-capitalized. I'd rather buy 500 shares of that entity than buy one more share of a company run by MV/Stoll.
MF4
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