RE:RE:RE:RE:RE:Howard do you like to see a wexi lie? Here it is:
I am just saying nobody should use a high upfront payment figure without explanation and if you want to go back to that $90 million upfront declaration, as soon as Attila said that number, the video was immediately taken down., not too long after he was "gone". I suspect that he spoke out of step here.
Wexie, you know that this is not true. Yes upfront was 90m and not 100m (look how easy it is to admit a mistake). the following figures were used in the investor presentations over the period of at least one year
Investor-presentation Jan 31. 2016:
2016E - Upfront payment of $90M in Q2 (**)
2019E - Milestone payment of $98M (**)
2020E - Ongoing royalties totaling $715M (**)
Investor-presentation July 8, 2016
2016E - Upfront payment of $90M in Q3 (**)
2019E - Milestone payment of $98M (**)
2020E - Ongoing royalties totaling $715M (**)
Investor-presentation Nov 1, 2016
2016E - Upfront payment of $90M in Q4 (**)
2019E - Milestone payment of $100M (**)
2020E - Ongoing royalties totaling $1B (**)
Wexi, i'm ready to put the past behind us, but that requires that we stop getting screwed. I recognize that we are being fooled less.