With great respect 'rocketeer357', I do not understand, if I'm following your post correctly, this question of "will give CTGI millions of dollars (bridge funding) for a % of LTC?". As I see it, the millions will go to LTC, a mill or two to CTGI initial. LTC is a "stand alone"- separate entity.
Again, I think 10 mill, over a period of months, like before, will be likely in the next round of financing. If the New LTC management is successful, then THEY, will split THEIR interest in LTC with a JV partner, (as a JV scenario as in joint development with such as Ethicon, Braun, ISRG ect.), for further developmental costs past this upcoming "round" should further funding be necessary before IPO.
And yes, it's paramount, CTGI gives away that additional initial % (1/3?) and cooperates to the fullest to see this happen.
