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Nidrof

07/26/12 11:21 AM

#1543 RE: bob smith #1538

NO FINANCING NEEDED THROUGH END OF 2013.

Shortees coming out of the woodwork. see below from Feb 2012 letter by CEO...

"For example, we recently raised $10.4 million through a public offering underwritten by Cowen & Co. with Summer Street Research Partners acting as co-manager. With the completion of this offering, the company is now well financed to continue its planned operations at least through the end of 2013."

biomanbaba

07/26/12 4:04 PM

#1545 RE: bob smith #1538

I continue to believe ICT 107 wins FDA approval
..My short run decision to move $ elsewhere in my portfolio of SEVEN
I believe are headed for FDA approval is related to my expectation that OTHERS will have MORE short term catalysts.
A Deal could blow that thesis OUT OF THE WATER if it comes in the next couple of months. I KNOW the timing of these other catalyst and I KNOW nothing about the timing of any deal.

biomanbaba

07/26/12 7:05 PM

#1548 RE: bob smith #1538

Re the big DEAL...I think Dr Singh wants to negotiate from strength
rather than weakness on the BIG DEAL...leads me to believe he does a secondary or PP FIRST....All WAGs by me but appears more consistent with his style than a HAIL MARY pass re closing the BIG DEAL as he nears the end of his cash....regards