Replies to post #8800 on GTC Biotherapeutics (fka GTCB)

[DewDiligence]

>If I recall correctly signing the deal with LEO did not cause much of a move in the stock price. There was a large equity component (19% of the company) to that deal that I hope is absent from the current negotiations.<

You’re confusing Leo and LFB. Leo does not own any equity in GTC.

[DewDiligence]

>Not sure how much weight this statement carries as the partners can see the financial position the company is in.<

Probably none at all. I thought it was silly for Dr. Cox to go that route on the CC insofar as no one is apt to take the comment seriously.