RE:RE:RE:total ballpark deal value Biorun. You are throwing a lot of numbers out there without knowing what was on the table. Was the upfront payment either 1 million with more royalties or 2 million with a smaller or larger royalty revenue. Or are we talking between 1 million to 50 million difference for upfront. Only they know. Also will the royalty payments start coming in next month, next year or longer.
All i know is that a bird in the hand is worth 2 in the bush, as the saying goes. Use the larger upfront payment (if it was anything sufficient) to push along the other pipelines along at a faster rate. Even use the money to bring in a decent CEO.
You don't seem to have much confidence in management, if you think they will burn through the cash and end up at square one.
I cannot believe you actually said that some people are looking at a take your money and run scenario, when the majority have been here for multiple years. You can't even go there.