Antibe Therapeutics Inc(Pre-Merger) ATBPF

News

[Doccole]

Are we expecting any news this week? Or after the new year will stuff start rolling in?

I imagine there is no motivation to get the stock price up when Ceo Dan and the good doc is negotiating a deal with Antibe Holdings (IP).  Correct me if I'm wrong?!

[Pragmatist]

  The CEO stated during Biopub that he will be submitting the IND shortly after Christmas.  I guess it depends on one's definition of "shortly".  If nothing else, this will get OTEN into the FDA system such that more meanigful discussions can begin.   Since Legault/Wallace are the majority SHs of both ATE and AHI, there clearly is a conflict of interest

[MrMugsy]

Well said Pragmatist ! i will add that The Board also needs to negotiate on the value of the supplemental patent.  I’m sure more information is coming as we need to know what we’re buying and Dan/Wallace are going to want to demonstrate value for this additional IP.  There certainly is a win-win opportunity here as well. Man, the next three months are so busy !!!!

[Pragmatist]

I agree.  In fact, the supplemental patent and all IP developed since the incorporation of ATE might very well be the underlying reason for coming to an arrangemnt. As new products/IP  come into play, accruable to ATE, the distinction between  what IP can be attributed to each party becomes increasingly blurred.  This could impact the royalty payments to AHI for new drugs

[Doccole]

Agreed, well said!