Replies to post #879 on CorMedix Inc (CRMD)

[Rapture2020]

My apologies, I was focused on only partnership or going it alone.

A buyout is the mega mother, I absolutely agree, given the FDA fast track status and the Safety report.

What would it take to get Elliot on board for that?

[couldbebetter]

Lazerking40, I just became aware of CRMD yesterday and I believe you have
the best handle on this. From the last presentation it looks like they
have 92 million shares diluted. To bring in much needed funds will
either take a partnership agreement and/or additional stock offerings.
A (unlikely) takeover at $2 billion would equate to around $20 a share.
Do you know why a takeover was not consumated previously? Did the
share price spike to near $10 in 2015 because it was thought a deal
was at hand? Would management be open to a takeover today? Thanks!