Jack4000 wrote: Ed is wrong yet again. On all poinbts - quite the feat in this day and age of information at ones fingertips.
edrose wrote: Out retail investors
Did you sell our shares Edly?
If not then you are not outed. If so then you are outed and, you did it all yourself - not Salzman.
edrose wrote: ,salzman will own 49% of kly Then we must pay salzman 29 million dollars plus 5 million paid in shares. Resulting in salzman owning the vast majority of kly
Only if they meet all the benchmarks which, would mean that we are rich because of their hard work and efforts in meeting the CILI, COVID and PAH requirments to develop lifesaving drugs and therapies.
Ed, it's what we do, you know, develop stuff that saves lives and make money for doing it.
If they don't make those drugs or therapies then we pay them nothing more so you are wrong.
edrose wrote:
barda funding zero guarantees
I highly doubt BARDA will chose this time and place to cut off funding to the CILI development after all these years - nor do I expect them to refuse funding for COVID
- after asking us to apply and;
- given the fact they are throwing money at everybody and everything like a drunken sailor and;
- given our history with them they are more likely to give funding to another related project in time of pandemic than not
edrose wrote:
kly doesn't have money to do research on r107
BARDA funded dude. In face we make a profit after paying out the research bills.
edrose wrote: and we can't even finish our phase3 study which would give us product bringing in min 400 million/yr
We can though - once we get $18 million dollars. The billions of dollars of potential profit that the other treatments that Salzman brings to the table would enable us to continue with GVHD easily Ed.
edrose wrote:
shy did ceo and board stop dev our product by finding partner
We were short $18 million to develop it. Golly Ed, brush up on current events sometime.
edrose wrote:
why don't they give us update re 5 million pp. how much money did they raise
They have yet to announce it as open Ed. Once they do and a couple of weeks to a month passes then they probably will announce how it is going or, when it is closed.