RE: EcoliED, (erectile dysfunction? no I mean Ecoli Dollars or perhaps both)
For you to state that a "MCC deal is off for now" just goes to show your intentions of putting fear into potential and current shareholders.
Jennifer states: "Several companies are interested in the Urocidin opportunity, but each must conduct due diligence, reviewing all aspects of the technology, before determining whether they wish to make an offer (in some cases, multiple individuals and committees are involved in reaching this decision). In a couple of cases, companies have presented us with proposed deal terms (non-binding), which we have reviewed and are considering. Ultimately, our desire is to move a number of companies to the point of making offers simultaneously, so that we have somewhat of an auction, whereby the competition will fuel optimal terms for us. The difficulty with partnership discussions such as these is that they seem to have a timeline of their own."
Give your head a shake, active negotiations with deal terms on the desks of BNC management, granted they are non-binding, sounds like a deal is almost on.