Replies to post #1336 on Conatus Pharmaceuticals Inc. (CNAT)

[staccani]

$7M milestone payment at the option exercise

[Inoviorulez]

Immediate payment of $7 million dollars. But if Novartis takes option that will be very bullish for the stock, because potential to earn $650 million pending positive clinical, regulatory, commercial milestone payments. On Novartis option I expect stock to hit $10 to $15 per share IMO.