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Gold Seeker

11/02/06 4:19 AM

#6050 RE: Gold Seeker #6049

Bocx is to get a minimum royalty payment in 2007. As I stated before the likely dates of that payment would be Jan 1, Jul 1, Dec 31 or the anniversary date of the deal closing, Mar 29.

Since 90 day notification is requried for return, with the current selling, we can eliminate the Jan 1 date. Of the three dates left, the most likely would be the anniversary. The selling and going to cash could indicate December 29 as the cut off date for Abbott to make a decision. In Erthang's interview with Moro, he stated that royalties were close. That would put royalties being paid less than a year of the interview and I could consider that close.

The question now is whether Abbott is going to return the product. Moro and crew do not seem quite as positive as we would hope and they would have a lot more information about this than I have. IMO, we have 57 days until the dice are rolled. All in or all out, your call.

I personally think the odds are that Abbott will not return the test but Moro and crew are not taking any chances and are opting for insurance with cash in hand. unfortunately, all of the information that has lead me to believe that Abbott will continue has all been from management and their released information.

It is pretty obvious that as the date approaches for a minimum royalty payment, Abbott is not anywhere close to getting the test on their analyzer.


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HALF FULL GLASS

11/02/06 8:24 AM

#6054 RE: Gold Seeker #6049

Gold seeker, There you go again...

The sky is falling, the ship is sinking OH NO...OH NO...

Run for your lives.

Straighten up !!
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erthang

11/02/06 7:22 PM

#6119 RE: Gold Seeker #6049

Bull Sh_t-Your logic is flawed, for reasons already stated