Give us a plan or Derivative LS in next few months. They don't have to be specific. They can say we are going to go to all BPs to look for best partner to give exclusive rights. We will protect the company by negotiating a deal that guarantees partner will activel develop IP.
Derivative LS based on non-armslength BOD, no process to have say in vote, and their inability to be removed regardless of performance.
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