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sushifishman

03/18/19 12:45 PM

#19030 RE: Fosco1 #19029

Fosco:

Very fair comment.

However, to play devils advocate:

The AR Manager/Controller/CFO at Ergomed has NO CLUE on the results, nor anyone in Finance/Treasury.

The people that know at Ergomed is probably a small group, less than 5 (a guess)

I doubt the Treasury/Finance departments are in that group.

Just my 3 cents
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pijoe

03/18/19 1:02 PM

#19033 RE: Fosco1 #19029

Sure they would. Think about it. Cvm isnt super cash solvent to pay big bills. Which is why they have some deferred Bills. So they tell Ergomed I can pay you in shares now or wait til the phase 3 is over. By that time CVM could be out of business, a bad data leak, big share price drop etc. Going to court over it is expensive and painful so Ergomed would most likely take the path of least resistence. Ergomed would just need enough shares to guarantee payment of said debt..... Not saying this is what happened.....