Uluru Inc. (fka ULUR)

[Apophis]

One thing that no one liked was they failed to disclose a dollar amount on the milestone payments. Just think if they are $5-10 million each milestone then they will need to issue another 40 million shares plus to pay for these milestones.

"ULURU will pay Exciton to prepare and prosecute the 510(k) application, milestone payments on the attainment of sales targets and a royalty based on product sales. The parties have agreed to negotiate a final agreement that will supersede the Binding Letter of Intent."


The quick rise and fall this week has nothing to do with MM's it is just nondisclosure of facts.

You are talking about a 50% dilution