RE: Typical Graeme It was tough to take anything real away from that CC but...
Yes they have plans for a plant in Pt. Claire that can produce a million doses of Urocidin per year. This should be up and running once global demand can be properly projected. That is hard to do at this point but they should be sitting down with HC some time after March to talk about things and have something submitted by the end of 2013...if all going according to schedule there may be a sale in 2014.
Apparently Econiche is approved in Australia and they export 80% of Japanese beef so that is a going to be a huge revenue generator.
The other pharma execs at the show in San Fran just love Urocidin...they are all over it really and lots of interest there, at the booth level anyhow. And the Euros still love Urocidin, even more so than before.
Should have some idea of finances and some sort of a deal for money before Q2 numbers come out. Apparently this will be non dillutive as it would be just too costly to dillute at these levels.
Mr. Nash, the obviously random second of 3 allowed to ask a question, was kind enough to remind Mr. McRae to say something nice to the shareholders and he obliged and said some nice things about stuff.
Lots going on apparently and many interested parties and sounds like the burn rate is still there but no problems. Once they get a government subsidy and get the global approval for Urocidin, and the new Quebec plant gets built its all good.