RE:RE:RE:$100 million...skier59 wrote: We don't need $100 million upfront. Look at how that deal was done with Frost and that Pharma company in Japan. Small up front payment of $5-10 million is all we need right now, and then once certain milestones are achieved such as Phase 2 approval, which is really a slam dunk for us, there would be another injection of cash and then an upfront payment for Licensing on commercialization. The deal could be announced as a $100 million deal and the market will jump in very quickly. It will demonstrate a conviction from a very well respected businessman in the USA. Not 1 new share issued in the market, Johnny BJ loses his job here, and goes and works on another board with a new avatar. Peace and Love :)
Bada Bing, Bada Bang, Kaboom....$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
That is a great idea ,as 5 -10 M to Dr.Frost is only pocket change, ask for the help like that in exchange of Dr. Forest's own holding on Tlt not being diluted by shameless low PP. I think Frost would love to do that, and in fact it's a win-win for both sides, Tlt could get to money of development and Opko 's holding won't get diluted by 3rd party ' low PP. They can negotiate a better deal just with the prerequisite of no further PP needed any more from any side( especially from basement boys 'side). I think all the long shareholders would love to see that happens soon. All in all, RW should know, no useless PP is needed. There are hundreds of better solutions, far more better than engaged with the former rapers to do stupid low valued PP by giving out 25% of the valuable future of company 's holding for nothing.