News Focus
News Focus
icon url

dewophile

08/19/24 9:06 AM

#3093 RE: Rocky3 #3092

Sure and I think that is another proper way to look at the transaction - higher burn*, but more net** cash on hand to cover that burn after the transaction
* burn is still lower than most small bios that have zero royalty interest
** net bc the debt on the balance sheet equates to less income rather than a true liability owed
Glad we now agree :)