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maverick_1

08/01/14 3:14 PM

#16400 RE: mapman1010 #16398

YES to both ?'s a Shelf Needed

Don't recall there is a shelf that has gone unused.

YES one was filed in 4/14 HC Wainwright.

maverick_1

08/01/14 3:19 PM

#16402 RE: mapman1010 #16398

TKS then no need for new Shelf just needs updating when the time comes.

AND Baker Bros and my own list of others would be HEAVEN for ALL
parties.

Doktornolittle

08/01/14 6:30 PM

#16412 RE: mapman1010 #16398

$17M of the last $32M probably didn't happen yet. The deal was setup for the same people to have the option for the $17M at $7.50 a share. Of course they would probably wait until SP was over $7.50. Maybe $9. So, AF's antics with MDA likely prevented NW from getting that $17M. That will be the perceived game again this month if you are Cramer.

But, as Maverick has pointed out, now way to know if they really need the $17M any longer.

In addition to warrants possibly cashed, I wonder about all those new shares that Cognate apparently gained. I don't understand the issues well enough... but NW immediate expenses might have been pretty low this quarter if Cognate once again took the burden. And why not, if LP is truly happy about the companies near future?