Post by
Nohandledzep on Jan 22, 2014 11:05am
My Crystal Ball
says that by August 15th 2014 Urocidin will no longer be a Bioniche property.
In brief, Animal Health will not be sold and Bioncihe will be out of cash and have no way to repay Paladin by June of this year. With Urocidin discussions all but halted, pending something (we are led to believe) from the FDA, there will be no Urocidin marketing deal in place and no cash infusion as expected. Bioniche will again be broke and have no means of dealing with the "loan".
Surprisingly, Paladin will accept the entire Urocidin platform, including Pt. Claire, as partial payment to the 20% loan that is due, with a 5-6% trailing fee on ongoing revenue in perpetuity.
Bioniche will be dilluted to some new absurd level, management will leave for greener pastures at Paladin and Bioniche shareholders will be left with a new tire fire to revel in.
The railroad tie in coming folks!
Comment by
No_Reply on Jan 22, 2014 4:04pm
My goodness ... could this be for real? Zep? Help! Has Lorne cracked Zippy's sign-in email address and password? All that being said, I'll agree with the Crystal Ball. No_Reply is necessary, guys.