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wimuskyfisherman

04/11/17 11:55 AM

#25950 RE: sprot #25949

Sprot- I have a question for you. What other financing options would IPCI have for an unsecured $1.5M loan and what would the interest rate/terms be? Are these other financing options much more attractive in comparison to what we are paying Odidi right now?
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Tekterra

04/11/17 2:05 PM

#25956 RE: sprot #25949

I agree delays are partial management and partial FDA. I think there some patent issues too, so it's a lot more complicated than most of us can see from the surface. I can't say for what they did in the last 5 years, but I can see what they did since June of last year. I am still skeptical about investing in heavy, so I have my doubts too, but we also have new expectations based on recent development. You can't denied the value of the MNK deal even if Rexista fails completely.