Reference to "Too early/too late Decision tree" I guess big pharma runs that risk of losing out on a big deal too late while also saving themselves from big losses by acting too early. I am going to assume that your referral to the TREE is equivalent to a timeframe within which progress is either made or not. Therefore the QB /3 invites Amaranthus into their fold so as to keep an eye on progress without a Financial commitment but duly prepared to get the first jump!
I agree that Gerald has probably eaten the ball a few times without a need to explain that to shareholders Who claim to have such long-term patience but really cannot make it through one market session!
Mega businesses that have a lot of money don't want to buy a business in its development stages and go through all the growing pains. They would rather pay more of what they have a lot of ($$$$) and hit the ground running.
I am only mad at myself because I threw my business knowledge away while listening to the people on this boards Financial fantasies. Now I have no choice but to be PATIENT!!!! And hope that The guy who professes that it is a virtue (lol) does not change his mind!!