Replies to post #7750 on GTC Biotherapeutics (fka GTCB)

[keitern]

Positive because of the low number of shares sold and consistent with Cox's stated goal of only doing minor dillution.

[jessellivermore]

Always look on the bright side of life,,

Monty Python.


OK..... is there any good out of this seepage??? GTCB's problems and the market's perception of them are pretty much what I've been saying they were...GTCB needs money. The bad news is they did what we did not want (a stock offer) the good news is it was not that big. The company's critical financial situation should be fairly short, I figure at most nine months starting after august. 6 million will provide two and a half to three months of additional time to come up with a better solution, ie partnership. Bottom line, is USA HD Atryn comes on line 2nd half 2009 after that GTCB is self sufficent, plus possible significant miles stone payments could kick before that......DO NOT SELL YOUR SHARES