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Marty Byrd

03/23/20 11:26 AM

#29917 RE: buzzard1147 #29916

They aren't going to sell or drop the stem cell business until they have other significant revenue streams.

Pelco

03/23/20 11:32 AM

#29918 RE: buzzard1147 #29916

Timely Answer:

They no longer have that board member who brought only financial expertise, who did not agree with the strategy moving forward. It was not stated by the company what that strategy was.

It was postulated that he preferred the stem cell business model to going after alternative revenue streams. No proof of that. Meaningless as the company is still more than capable to do anything stem cell related they choose.

Long term the real money remains in women's health, database, oncology, etc...but to benefit from saving lives during a public health crisis (if happening) is not a negative.