The question I have is what is the real value of this "pipeline?" The reality is that to date, Leo has not been able to sell anyone on the pipeline except for a few shareholders. Leo has been bragging for years in press releases about the value of the pipeline and has had plenty of time to obtain funding , partner with BP or LP, get a licensing deal, sell the company...and yet, all we have is a company with no crucial funding, a company that is no longer a going concern, and a company with little hope. So it does not appear that this pipeline has much value...at least not as much value as delusional Leo places on it.
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