Catalyst Pharmaceutical Partners (CPRX)

[DonShimoda]

Jan, sorry for the delay in getting back to you...somehow I missed your post. The news today was the first step in what ultimately will end in a partnership for CPP-115. While today's news is constructive, unfortunately, the recently announced offering is going to keep a lid on the stock. When you combine the dilution with a lack of near term catalysts, I don't expect to see much movement up/down until we get closer to the CPP109 results. Of course at a 21mm market cap, the downside is rather limited and I'm more than happy to add to my position at these levels.