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jbog

05/18/15 5:16 PM

#13654 RE: t57 #13648

also, gives a potential suitor an additional $160m in cash



The Suitor, would have to buy the 8 mil new shares at a higher price so this would be stupid.

All these transactions mean that there are no suitors nor will there be enough income to support the research programs. On the other hand management has made sure their beds are feathered very nicely.