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gfp927z

01/06/10 10:14 PM

#31712 RE: ombowstring #31711

Ombow, A lot depends on whether CX-1739 is in the deal or not. If Cortex keeps CX-1739 and gets $3 mil or more in upfronts in an RD deal, then I can live with that (well sort of). It would still be lousy, but at least we'd have a fighting chance to get to the Phase 2b ADHD results. As long as Cortex keeps CX-1739 and gets some money, there is a chance to get to those critical ADHD Phase 2b results.

But a deal where we lose CX-1739 and only get $3 mil upfront, forget about it. There would be no point keeping the company going, other than to keep the salaries flowing for a while longer.


















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alertmeipp

01/06/10 10:18 PM

#31713 RE: ombowstring #31711

>>This makes existing shares worth less

They are pretty much worthless now.. so why not take the chance.