Wednesday, October 05, 2011 1:51:49 PM
On October 28, 2010, the Company acquired an exclusive product license, which included the right to use the Naltrexone Implant and any procedures related to the licensed product. The Company paid a onetime license fee of 7.5% of the total common shares outstanding on the date of the agreement, or 5,672,250 common shares at the market value of $0.70 per share as of the date of the agreement. Total value of the license is recorded as $3,970,575. Additionally, the Company will pay $600 for each prescription request of the licensed product. The agreement will remain in force for so long as the Company continues to use the Licensed Product. "
Could that me that mean pump around October 28, 2011 in an attempt to get the PPS up to $0.70....in an attempt to "make" the value of the licence $3,970,575? IE - So "private" could actually get their $$$'s worth?
This is where my thought process is going.....PLEASE GOD give me patience and PLEASE GOD make me right on this one!!!!!
I DESPISE pumper's and there are MANY,MANY,MANY here....do your own DD (due diligence) and don't take my advice or get caught in the "game".....BE PREPARED TO PLAY IN THE BIG LEAGUE....of micro-stocks!!!!
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