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Re: Market_Fest4 post# 31921

Friday, 01/15/2010 8:56:26 PM

Friday, January 15, 2010 8:56:26 PM

Post# of 50070
MF4,
I guess I was looking at this financing as being less paltry than other viable options. Pertaining to the recent response e-mail I received from Varney, I was expecting the financing before the phantom deal anyway so these terms seemed far better to me than what I had been expecting. That's the only positive spin I see at this point. Also, an international company putting there money into a flailing american bio seems slightly positive to me too. Obviously full disclosure was on the table and this company has been delving into the financing of up and coming biotechs, so again it seems like a new beginning and it's clearly better than the recent funding alternatives.
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