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Re: TekNuLoof post# 89590

Friday, 08/31/2012 11:54:35 AM

Friday, August 31, 2012 11:54:35 AM

Post# of 346172
I like how...


Ongoing partnering discussion... me thinks they have one on the hook but not inked. Keep playing them against each other for better deals. The bridge loan helps here. Like how 15MM and then 15MM. Do not think they will need the second 15MM.

PL says the part...

“This loan facility strengthens our balance sheet as we approach near-term clinical milestones and continue our ongoing partnering discussions,” said Chief Financial Officer Paul Lytle.
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