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Re: BC94 post# 10637

Tuesday, 04/17/2012 8:25:13 PM

Tuesday, April 17, 2012 8:25:13 PM

Post# of 18489
BC94, when Neogenomics forked over $1M in cash and another $2M in stock as good faith money in view of milestone payments and licensing fees, they changed the picture. HDVY has received milestone payments before (from Quest), but never anything nearly so substantial. In my opinion, by putting down $3M, Neogenomics made future milestone payments ($5M of them) and then 6.5% licensing fees seem a distinct possibility. I find it hard to believe that an up-and-coming and nearly profitable outfit like Neogenomics would plunk down that much coin without conducting some serious DD. Did anybody besides Neogenomics bank on this agreement? I don't know for sure. Have you seen the accumulation/distribution chart for this stock? It's been rising steadily for the past year.
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