argyll,
I understand your perspective....and the dirt is always in the details....and sometimes those details are obscure.
I've dug into the details enough to know that BIPH emerged from an SEC investigation of their relationship with BSX. This happened through a string of SB-2 filings last year following the submission of a REGDEX. The fact they've been through that, yet MW continues his strong tenor about the deal, insiders aren't selling, and BIPH hasn't registered any more shares for SBI gives me confidence there's really something significant happening there…..and it should be happening relatively soon.
That being said, it was obvious many other's aren't so confident about BIPH's deal.....and if the 10k arrives before the announcement....that sentiment will be exacerbated again. But I also consider the fact the partner wants to protect competitive advantage and the fact MW purports the deal to spread across multiple products lines acceptable reasons for the procrastination of finalizing and announcing the deal.
Sorry for the harsh tenor of my previous post....I just wanted a little more of an explanation.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854
