RE:RE:RE:RE:RE:RE:Any company’s management team has a duty to maximize skys1 wrote: Agree Rumpl, for my money this Li Ka Shing agreement has far more positive ramifications than is known. For whatever reason, things were not happening fast enough with the PMC. IMO, TLT decided to go elsewhere. TLT must feel this new agreement with such a well reputed facility should produce better or more timely results. However, again IMO, that fact that Shing has such extremely deep pockets, is certainly a major benefit and factor. My guess is TLT will no longer have a need for further financing, and that is the major benefit of the agreement if that is the case.
I don't believe TLT just wanted a new research facility. Note that Roger has stopped his monthly buying. If there is more to this than meets the eye, it could be considered "material".
The selling seems to have stopped also. Very odd low volume lately. I'll bet you are right and TLT has a better deal with LKSKI, perhaps they will carry some of the pre-cinical costs of new indications? Look for lower cash burn figures. ;-)
Maybe there is some big news about to be released???