RE:5 business days until the expiry of the J&J option How about this scenario about the J&J impending agreement expiration:
Very simple.
Let's say that J&J, as the agreement expiration approaches, wants to discuss expanding their agreement with Bioasis. DrDR says to them, "Don't worry about our agreement expiring. We're doing some restructuring here and we can wait until that's done before we need to revisit our agreement. I'll send you a note confirming the extension."
So let's say the agreement is extended. And let's say that the restructuring involves DrDR setting up another "merger," or is setting up a sale of Bioasis to a private company.
So DrDR tells the buyer that she has a deal or more that will bring an immediate return on investment for the buyer. She might get a little more out of the buyer for Bioasis shareholders but it will be severely discounted from the value of the deal extension with J&J.
And what it does is, it makes the buyer more eager to complete the "merger" or buyout of Bioasis because they'll have an immediate ROI.
And that leaves Bioasis shareholders with no deal, a deal that could have been done but was used as a sweetener for the buyout. It also means that Bioasis shareholders no longer own Bioasis.
The buyer gets xB3 and a deal that could have saved Bioasis.
Who would know? It could be entirely hidden from view, and the motives entirely hidden from J&J. They would not need to be part of the plan.
But I'm just reading between the lines. I know nothing for certain.
jd