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Re: sojourner post# 34682

Friday, 11/05/2010 10:34:17 PM

Friday, November 05, 2010 10:34:17 PM

Post# of 35633
I would assert that IF LTC can receive adequate PE funding that long term the most value for shareholders still lies in dilution through PE funding for production. We all know the market for surgical staples ($4 billion) is huge and even grabbing a small % of that would lead to huge cash flows and profits. That is a big IF though.

It's not like these two paths are mutually exclusive though, company can pursue PE funding and if things look like they have reached an impass, they can simply then auction. As Bruce said in the call though when talking about raising short term funding for the next 4 months. If 120 days pass and LTC is still at a stand still something is seriously wrong. I hardly think at this point that 4 months is too much longer to wait given most of us have waited years.

Then again how many times have we heard just a few more weeks....

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