Replies to post #12855 on Titan Pharmaceuticals Inc (TTNP)

[Serenity3]

May 14th date is pretty precise.. agree all parties expect something to happen by that time, but Horizon is insisting on their money being returned even if equity has to be raised.. on the one hand one can infer Horizon is limiting their exposure to TTNP & securing that 3 million on the table w/ a lien on TTNP's intellectual property, though the conditions for lifting that lien are not unreasonable and a pretty low bar... on the other hand one can infer that TTNP is limiting their cash burn in terms of reduced interest payments by prepaying that exorbitantly high interest loan, without a pre-payment penalty .. seemed like a pretty fair negotiation

[turks]

Thanks guys like all your answers,so this amendment is,can,maybe be a positive for us,and May 14th pretty precise as you mentioned is the date to watch.So they're reducing there debt.Borrowed 10 million took 7 mill paying back 4 mill,no penalty,by that reducing there payments,and I guess we'll see receiving some serious money by or before the 14th of May.Alot is still on the table with we should still hear about,T3,parks,malaria,opiant partnership,EU,as you guys mention.Thanks if any other senerios,please post.Thanks again