The "Take it or Leave it PP"I believe fotw or someone else recently posted that ONC was approached by CC and were told the money was available for that day only. CC also indicated that the money for bio was drying up. Unfortunately, it sounds to me like ONC blinked, pure and simple. If true this is a bad statement re. mngt, to be played like a cheap piano by some two bit CDN firm. There huge dollars available, pension funds and other big dollar players are moving out of bonds looking for good investments. If the science is sound futre funding will not be a problem. How seasoned is the mngt team of ONC in the world of big corporate finance, this may be the weak link (they need better connections in the US).
Interestingly CC played their card right before US exposure, why most likely to head off ONC from real money and real money managers.