RE: Risk reward for buyer
Forgot another interesting element for buyer - tax implications
110,684,117 is the total accumulated deficit for shareholders since inception of TLN including from Ecopia + Caprion's inception.
So, you buy this company for 70 millions.
All those moronic shareholders will tender.
You finish clinical trial and you start selling the drugs.
the 110 milions sales will be exempt from taxes because you recup previous losses.
110 X 25% taxe you get 27.5 in real dollar of saving about 40% of your initial investment of 70 millions. It's called buying losses.
Amazing you actually put 40 million to get a 70 millions value.
As a buyer you must be laughing at moronic TLN shareholders.... and feeling pretty generous with 70 millions bid...
PS Partners don'T get to use TLN losses.