RE:DISCLOSING OF UNNEW $ OBLIGATION wow, Liminal really took it up the wazoo on this deal! Think that those overpaid goons will pay me to take the rest of their assets from them?
Something real fishy about this deal!
The paid Kedrion a lot of money to help steal this technology out the back door!
4Justice wrote: From MD&A
It's not important. We're just talking of $9M a year obligation...!!!
With the sale of the plasma collection centers during the second quarter of 2021 and the sale of PBP on July 9, 2021, there will be limited cash outflows relating to operational expenses of the plasma-derived therapeutic business with the exception of the continuing obligation we have towards a CDMO organisation but which is no longer required as a result of the PBP sale transaction. The total commitment under this contract is $9.0 million per year and there is a 5-year early cancellation notification period available under the contract. The Company is investigating different avenues to potentially reduce the impact of this contract on its future cash outflows.