Fresenius Kabi Pharmaceuticals (APCVZ)

[njinva]

Its a Contingent value rights.

Guys read the Fine print in the 10K and do your DD.
Its a CVR contingent upon APP pharama generating more than 1.27 billion EBTIDA income from Jan 2008 to Dec 2010. Any amount over 1.27 billion will be multiplied by 2.5 times and distributed among CVR's to the maximum of $6

Look at 10k so far for 2008 and 2009 the EBITDA has been 663,559 for 2008 and 346,844 for 2009. Total it and it comes to 1 million.

Another 1.26 billion to make in 2010 before any value for CVR's ia achieved.. otherwise they are worthless. Even with a FDA approval doesn't look like they can make more than 1.26 billion for rest of the year..

Just my thoughts.. CVR's are going to be worthless..