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CATTDOGG12347

08/16/16 10:03 AM

#5004 RE: mastiffsforlife #5001

The amgen deal was worth 40 million in cash and 25 million for 3 million. Shares of stock for a total of 65 million. We had roughly 95 million in the bank so what gives? With both deals we have been diluted about13% in two weeks.
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hdwrsft

08/16/16 10:06 AM

#5007 RE: mastiffsforlife #5001

Cash in the bank is a position of strength when negotiating forthcoming BP deals, I would think.
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taketobank

08/16/16 10:07 AM

#5009 RE: mastiffsforlife #5001

I agree. The more cash we have the less we can be pushed around by BP. Plus we need to be prepared for anything and everything. jmo