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i_invest_utrade

09/16/09 9:18 PM

#22672 RE: Gold Seeker #22671

let me get this straight.

Smithline would not agree to an amendment unless Moro lined up investors for financing of the public offering.

The investors would not sign unless Smithline agreed to new terms.

Who's holding the cards here?

One or the other...

So you're saying that Moro was able to line up investors which caused Smithline to agree to new terms and the investors to sign the terms.

Looks to me like Dr. Moro is holding a few cards of his own. Maybe he's holding 17 cards and a couple jokers and GS is showing the same tired hand. Too bad you went All-In (err-all out) against Dr. Moro a couple years ago.

His two pair (Abbott & Inverness/Burger & Walsh) & (Goshen & Blokhin) may end up a full house. All we need is another license deal or something HUGE!
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TheBocx

09/16/09 9:49 PM

#22677 RE: Gold Seeker #22671

<. Smithline is now in the drivers seat and dealing tough. If the shares are not authorized, the big hammer could fall. >

Unbelievable... Smithline, who could have taken over the assets several times since Dec last year just granted an extension until at least mid Feb, which might become effective for 3 years if the company raises more money and NOW you are saying that they are in the driver's seat? Give me a break...

What happened to all your predictions of what Smithline was going to do, the company going into Chapter, etc. Do you remember when you predicted that BOCX would be among the 50% of biotech startups that were not going to survive?

Where you wrong when you predicted all that? Answer that question, a simple yes or no...