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Re: davidal66 post# 36970

Friday, 05/27/2011 12:43:36 AM

Friday, May 27, 2011 12:43:36 AM

Post# of 51992
What CORX needs is a VC firm to enter into an agreement for 51% ownership of the company, then take it private. Pony up several $millions and run a well-concieved phase 3 trial to prove efficacy.

Then do $3Billion dollar IPO under a different name. I figure a $50M investment could be turned into $3B with about 50:50 odds of sucess.

Just think, if Bill Gates and his buddies bought 10% stakes for $5M each, this could be like a golf bet for the ultra-rich. C'mon Varney, think outside the box. You play poker on the internet all day. Why not use those skills you've honed and pitch this to the country club set in Irvine.
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