OTCQX:MRVFF - Post by User
Comment by
PDMitchellon Sep 09, 2008 6:50pm
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Post# 15443000
RE: Waiting For The Deal !!!
RE: Waiting For The Deal !!!stock1guy
You said,"MANAGEMENT MAKE THE DEAL. WAITING FOR AFTER FDA APPROVAL IS NOT
A GOOD BUSINESS MOVE."
I confess that it is not obvious to me why it is not a good business move for management to wait for FDA if that were to bring a better deal for Nuvo (i.e. bigger initial cash payment and/or higher royalty) than a deal made now.
Equally if a potential partner has any lingering doubts about whether the FDA may eventually approve Pennsaid, why would they offer cash now rather than adopt a wait-and-see approach?
Regards
pdm