Replies to post #24582 on BioSante Pharmaceuticals, Inc. (BPAX)

[Winalov]

Rg, don't think for a second I'm not aware of that scenario.
Frankly, Instead going into arms of ANI. facing RS then unavoidable dilution I would rather see Biosante dilution by getting new funds (Public Offering) and going on it's own. Maybe we would even end up of the NASDAQ, maybe not?
In that case we would need new Mgmt. Meanwhile looking for partner.
Simes actually mentioned this sometime ago.

Simes going into ANI negotiations had to have Plan B in case Da merger wont go trough.
If going into any negotiations one is not prepared to walk away, one will never get a fair deal. period.
Unless you are finished, completely up against the wall!!!!
Maybe we are?
BTW, i'm wondering where this $10M just to analyze the safety study came from?
We still have 34M in the bank, even with 8M due in May we will have more less 25M.
If LibiG is seriously a mufti billion product? at the end we would come very well on the top.