Replies to post #25400 on BioSante Pharmaceuticals, Inc. (BPAX)

[QyQ]

This justify. The amount of Bpax cash should drop below $18m before the merger. I thought the price should be $1.60 to $1.80 that ANI/BPAX initial agreed on. So, my estimation around $1.5m to $2.0m..

The 4% drop represents 977K shares @ around $1.20 per share would be around $1.17M