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opportunityknocking

03/21/08 6:10 PM

#12712 RE: doggone01 #12705

The timing was just before the $50,000 payment was due. He said no way. No more free rides. We have continued to do our part and you have not done your fair share, so IMO he has learned from his mistake that he should have negotiated larger upfront payments to give them the incentive to carry thru with their obligations. Now that he partnered with Inverness we will shortly see that I am correct in assuming he received a larger upfront payment and has the cash to carry us thru. Since Abbott has contributed little Dr Moro feels it is in the best interest to the company and to shareholders to renegotiate the terms that reflect all of our hard work. No one returned anything or dropped us. This was an ultimatum to Abbott. He has thrown the ball over to them and now says let's just see how committed you really are. Yes it is ballsy, but Dr Moro has lost his patience.