Replies to post #4540 on Algernon Pharmaceuticals Inc (AGNPF)

[Money $hot]

Correction: If Btec sold FAIMS for 300M USD, would that effectively increase the current outstanding share price to 300M USD divided by 49,000,000 shares = $6+ ,or would you expect a less transparent formula/monetary deal to unfold?

Peace 2x

/////AMG

[shell3]

I don’t know but good question

1st from memory, BTHcF gave Florida University 206,000 shares which is 103,000 now

Then pay Frost Group a fee to oversee and help gain a Product and once a product then 10 Years with renewal for another 10 year Rights - University still owns the Electro and BTHCF just has Rights to it and only solid if a Product is achieved

But without producing a Product to start the 10 Year Hold I don’t know what happens to FAIMS Electrode

I can see them just Buying the Rights to the Electro Which BtHCF Only has 103,000 Shares in, the rest was payment to folks building the Hand Held and everything else that goes with it

Electrode is all that Owlstone would need so maybe not as much as BLOZF $300 value at one time for just the Electrode - BTHCF did help shrink the Electrode but believe that University still owns the Electrode

Lot of ways to refunnel Funds paid for the Electro, BTHCF Insiders Options or Tech to share with BLOZF dirt cheap in Electronics

I don’t know but can see “Friends and Family Plan” doing okay

Let’s hope that’s not the plan for BTHCF