News Focus
News Focus
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goatfondler

06/24/08 12:42 PM

#12085 RE: croumagnon #12081

Many of us have had a long term view for 2+ years but no ONE ever thought the stock would deteriorate to the point it has today. Those on this board ridiculed ANYONE who foresaw the weakness of this company while predicting this stock would be much higher at this time. Now we know who was dead right.
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n4807g

06/24/08 12:52 PM

#12088 RE: croumagnon #12081

I listened and am less concerned about the finances going forward. I agree with Dr. Cox assessment with the progress on partnering and I expect additional partnership announcements. For me the key point was his assertion that GTCB retain significant rights to future revenue and profits in any partnership arrangements. I think he referenced not giving away the store. What I took from that comment is the notion that they could have asked for more upfront and milestone payments at the expense of a greater share of ongoing profits.

This is a long term situation for certain, but the jumps in share price could be substantial on any positive news. I was ready to sell if the Ovation deal (or a deal like it) wasn't done and Cox had to give more excuses about delays. Now it looks good, and possibly very good.
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rkrw

06/24/08 3:02 PM

#12109 RE: croumagnon #12081

<<<The only thing he was certain of is that it would be best for investors if GTCB stayed independent as the shareholder value in time would be much more valuable that way..>>>

Would he consider splitting his salary by the inverse ratio of whatever the reverse split will be? Considering they've probably done their last 6 or so of financings as "down" rounds and all they get out of Ovation was a fraction of what's been invested in atryn, how to not conclude management is a bunch of clowns?