RE: Notes on Webcast-Clarification neededDoes he mean to say, that Therapeutics is sub of Corp
sounds like it is a stand alone company with the majority of shares owned by RESVERLOGIX; you are right, it was confusing.
how can he sell Nexvas and pay no tax and then distribute shares.
perhaps using founder shares?
Payments, milestones and royalties will not be announced, just total amount and name of company.
very normal... lets just hope there is cash on signing and that milestones are attainable AND it does not restrict them to only partnering with one group for the term (in other words, that they give up first rights and NOT exclusive rights).
good tradin'
-oldtimer
p.s. no investment intended