So why spend millions in personal money on a manufacturing facility?
Diversification of assets and capital investment. Regardless of the success of the company, he will still own the facility. Also, significant positive tax implications.
And why add now to personal stock holdings that already reside in the 6 million share range (not including the 33M held through TheraCour)?
Just as insider selling caused the collapse of the SP, insider buying may help prop it up, making those shares already held by insiders significantly more valuable. Spend a little to make a lot.
And why would a group of Drs invest another $6M recently?
This is pretty much a no lose investment. As long as they can keep the company afloat, these investors will make their money back with profit.
These are concrete clues that should inform one's expectations on the forthcoming timeliness of tox and the cGMP facility.... and the ability to deliver, within reason, on the timelines recently given.
Concrete clues? Interesting choice of words. I'd prefer some concrete facts. There are many "concrete clues" that point to tox not being completed in '13 and the facility not being operational in time for Australia's flu season.
I dare say Diwan and these investors have a clearer view from their perch than you do.
I couldn't agree more. But that doesn't necessarily mean it will benefit the rest of us.