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midastouch017

02/13/17 7:46 AM

#4159 RE: midastouch017 #4158

Pluristem also signed a binding term sheet for a $30M investment from Innovative Medical, a subsidiary of ZSVC. Finalization of the term sheet was delayed due to a new Chinese monetary policy. The parties continue the discussions with respect to the definitive agreement until they have received further clarification about such policies, which is expected during the first half of 2017.



If positive, then PSTI jumps to $1.70 as first immediate
step, the price it was agreed upon <IMHO>