Appreciate the insight Abew. 60 working days (vice calendar) effectively stretching out Theracan's grace period.
We're stranded.
Asked Sanjay when I saw your post if Stonybrook indeed filed the letter, or notice, of Theracan's default. Normally fast responses, but a day isn't out out of the question.
May have to be a public record (8k??). Don't know.
Management is monitoring the situation and working closely with Theracann’s management on the matter. Applied DNA has no further comment at this time. Sanjay M. Hurry, Vice President Investor Relations <SHurry@lhai.com>
Subject: RFI: Has Written Notice To Theracan Been Submitted Sanjay Requesthas been made on our blog site if and when Applied DNA Sciences generated and submitted written notice in accordance with following caveat:
Disagreement and such breach is incapable of cure or being capable of cure, remains uncured sixty business days after written notice Appreciate your time in this. VR