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ombowstring

09/15/09 3:56 PM

#28623 RE: jerrydylan #28620

Jerry -- "who sees a $13 million cap, how or why would you take a $30 million upfront to a higher up as something that you want to do". True, who's going to give Cortex a $30 million upfront for one asset, one indication, when they can buy the whole company for less?

I wouldn't be surprised if the deal MV alluded to involves a much smaller upfront, like $5 million or so.