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Re: maddogs post# 32363

Friday, 04/16/2010 12:40:38 AM

Friday, April 16, 2010 12:40:38 AM

Post# of 35633
Let's open a new track of discussion here:

If Empire (or another funder) is willing to open their pocket book to CTGI, what will they demand in return? Realistically, Empire will be more cautious about the terms of any new deal with CTGI- their investment hasn't worked out too well for Empire to date. What does CTGI have to offer? A % of LTC? The relatively small change they most likely raised with the last 25 million share dilution? Preferred shares?

100 million A/S is quickly approaching. Do you think CTGI will seek to increase the A/S in order to get a deal done?

Also, Piazza and crew won't work for free. Piazza has made a career of CEO'ing and BOD'ing small bio/pharm companies which are distressed (PharmaPrint for example) and/or have failed. It's hard to imagine he'll work exclusively for the promise of the future.

Not short, not trying to drive the PPS down, don't need cheaper shares ; no hidden agenda....just trying to see past the generalities of the last PR to the actual nuts and bolts as the company tries to move forward.

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