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PennyWorld

04/04/22 6:04 PM

#44054 RE: Joe Kaplan #44053

I"m sure that JJ is trying to protect his and his family personal assets. If I had to guess, RLFT and RAM are more interested in salvaging their I.P. and make a profit with their investment rather than punish JJ. I'm sure GEM is chiming in on mediation as well. It's just hard to tell where mediation will end with this. If the new CEO opens the NRXP books to RLFTF, provides ALL of the trial data, and attempts to satisfy everything RLFTF is asking for, then maybe this could end nicely for the RLFTF shareholders.

RLFTF still needs NRXP though. If the NIH trials are successful, NRXP will need to take things to the next level. It could happen, but I doubt RAM would swap in a replacement for NRXP to take over. So my guess is RAM doesn't want NRXP to file chapter 11. The smart thing to do IMO is mediate a solution that is a WIN/WIN for both sides....and most likely that means JJ will NOT get away with trying to steal the I.P.