Replies to post #7874 on GTC Biotherapeutics (fka GTCB)

[jessellivermore]

I'm with Dew on this one all the way Newberry's answer doesnt really ring true

[pollyvonwog]

No one commented earlier, but could there even be a remote possibility that HD revenues are significantly higher than expected thus further augmenting their negotiating position?

[croumagnon]

Thank you St_armands_man for keeping the hope alive for us by reporting your conversations with Tom Neuburry, and also providing your insightful interpretation of these conversations...

One thing that I always wondered about when it came to posters relating their conversations with management of a company. By doing so, you will be compromising your screen name as it will be obvious to some (Newburry in this case at least) who you really are as a person as opposed to having an anonymous screen name. Does that not bother you?

[wjlknew]

>Newberry made the statement to me that they didn't want to let a potential partner feel that it was to their advantage to delay any deals. If a potential partner felt that the delay would drive GTCB's cash position into one of desperation, they'd delay as long as possible hoping to put themselves into a better negotiating position.<

If Newberry is being candid, which I doubt, they accomplished their purpose. I am sure a potential partner no longer FEELS it is to their advantage to delay any deal. Now a potential partner KNOWS it is to their advantage. If GTCB had easily pulled in a $30 million line of credit, that strategy might have worked. Instead GTCB could only raise a relatively small amount by giving away the farm ... again. Any potential partner worth having will just wait this one out.

[biopearl]

St. A--If so why not just get a loan? We've got the collateral in IP, land, future milestones, potential partners etc.??? This is a serious question that maybe you can address as a CFO. Would not a loan be better for the existing stockholders? Why not allow the existing stockholders the opportunty to obtain warrents too while they are at it...Regards and hope to all, bp