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Tuesday, May 17, 2005 8:25:04 PM
I included the Orchid option, not necessarily as the agreement itself, but as a groundswell of excitement that was generated based on that option a few years ago.
The scenario played out as the 'countdown' until the option ran out. The play began with published pictures on the boards of Frudakis having dinner with the CEO of Orchid and the reported topic of discussion was DNAP's latest 'discovery' being offered to Orchid to essentially start the clock. Since no deal was struck, the board counted down the 6 month option from that day. Rumors ran rampant about all of the bidders waiting in the wings for Orchid and their option to be out of the way. Reading 'between the lines' such luminaries as w2p and his brother explained how many companies were interested and how soon we would be launching the rocket. Needless to say it was all BS.
You are correct, the details of the option are still in play, but the excitement and promise falsely generated that was based on that agreement, eventually ended, with no further word, only to be replaced by the next round of hype.
The beat goes on.
regards,
frog
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