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jerrydylan

07/14/09 5:03 PM

#27378 RE: tregaron #27377

Well, here is a possibility-Cortex offers that phase 2 POC and strong chemistry IP is worth alot more than .20 and the market is not valuing it's technology so, a better gauge of value is a subjective assessment based on more rational valuation of such. I mean it's very realistic, $10 million up front 10 million shares @ a buck, milestones of $5 to 10 million upon completing phase 2's successfully, bigger multiples upon commercial , then royalties by which we'd be acquired.
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jerrydylan

07/14/09 5:03 PM

#27379 RE: tregaron #27377

Well, here is a possibility-Cortex offers that phase 2 POC and strong chemistry IP is worth alot more than .20 and the market is not valuing it's technology so, a better gauge of value is a subjective assessment based on more rational valuation of such. I mean it's very realistic, $10 million up front 10 million shares @ a buck, milestones of $5 to 10 million upon completing phase 2's successfully, bigger multiples upon commercial , then royalties by which time we'd be acquired.