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catty

11/03/21 5:50 PM

#13276 RE: auh2oman #13275

auh2oman: I totally agree with you. They are doing this out of strength not weakness.

rgshredder

11/03/21 5:54 PM

#13277 RE: auh2oman #13275

Completely agree. It reads as though it's meant to secure the success of the assets we have/acquired ala Cortrophin and Novitium.

It's interesting because AniP's original website seemed like it was designed using a dialup modem. Since Nikhil, they hired the new PR firm and the site got a much needed upgrade. They released the Cortrophin website the other day which is really flash and looks as though they're paying much needed attention to the marketing component of the drug. But they're not a marketing company. I personally forget how fundamentally important that aspect is to the success of a drug.

I'm eager to find out what the public offering price will be as well, but expect to take a hit in the near future bc of the stigma behind the offering.

Point of fact: we're not in the process of going bankrupt. The funds are literally being used to grow the company.
-RG

LordDarley

11/03/21 5:55 PM

#13278 RE: auh2oman #13275

Do Novitium owners get diluted or will their shares be adjusted ? Deal hasn't closed yet.

Just the facts maam

11/03/21 6:21 PM

#13283 RE: auh2oman #13275

Good point on the accounting benefits of launching Corti.