Replies to post #5133 on Pernix Therapeutics Holdings Inc. (fka PTXTQ)

[Kypee]

They may be in talks (PTX and gsk) on BO. Never really know yet, but time will tell. Either way it's a great payment plan for PTX, gsk will get their money either way. Only 250 shares but going to hold them now for long for sure.

[Ditryin]

No it's because GSK will be the one buying them out... that's why only asking for 250k per quarter for the first year out of 26 million owed.. that's nothing!

[nsomniyak]

I am assuming that PTX is already in talks with potential buyers, possibly including GSK.

In addition to the relaxed payment schedule, the 8K noted something to the effect of (not a direct quote) ...GSK will retain certain information rights...

I thought that a very telling phrase, as it implies to me that GSK is getting one or both of the following
--an early or more private look at data (not likely imho, as any potential buyer would want to see all the data and PTX would readily agree to this in order to get sold)
--visibility into any bids that come in for the company (effectively giving them a right of first refusal - they could match or decline). I think this is more likely the information that GSK gets a right to, as it is something that would NOT be given to all potential bidders as a matter of course like any trial results would be.