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Re: iwfal post# 110320

Tuesday, 12/07/2010 10:46:39 PM

Tuesday, December 07, 2010 10:46:39 PM

Post# of 257253
You could be wrong.

Craig Wheeler stated on multiple occasions that he was frustrated by M118 partnering negotiations, because of relatively unfavorable terms potential partners were proposing. This raise provides MNTA a sizeable war-chest, which would allow them far more flexibility in securing favorable terms for a M118 partnership. (They may need the cash upfront, to posture in negotiations/to secure the deal)

Time will tell....

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