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gambinilive

03/10/10 11:14 AM

#3403 RE: savannah1021 #3402

I like this part!!!

Pursuant to the agreement, Byron will purchase $750,000 worth of stock from CEL-SCI and will make a payment of $125,000 in 12 months. Byron will also be responsible for registering the product in the Territory. Once Multikine has been approved, CEL-SCI will be responsible for manufacturing the product, while Byron will be responsible for sales in the Territory. Revenues will be split 50/50 between CEL-SCI and Byron.

Seems they are confident it will get approval! I sure hope so, these are great levels for buying and holding long term, imo!
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richme

03/10/10 6:45 PM

#3409 RE: savannah1021 #3402

One thing the article does not seem to say is the per share price Bryon will pay for the shares. $750,000 worth of stock at .10 cents a share means a lot of dilution for current share holders. I hope that I missed something there but it is important because CEL-SCI has established itself as a wheeler dealer with shares holders value.
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Qfortuna

03/10/10 7:01 PM

#3410 RE: savannah1021 #3402

Can you provide a link for this news?
can't seem to find the news anywhere. thanks