Post by
Gman620 on Sep 03, 2024 11:06am
No Money = No leverage
If I'm a big pharma, I see a desperate company that is running out of money and time and has no leverage. I wait until they are on their last gasp, then swoop in and pick up the tech for pennies, or let them die. Especially if this tech would threaten my current cash cows.
It's hard to see it any other way at this point.
Comment by
O12009 on Sep 03, 2024 11:20am
The problem with that of course is when and if your competition steps in and leaves you in their dust. A lot of life changing indications will be in the pipeline which will have major implications for big pharmaceutical. The CEO that is late to the ball will probably axe his accusation team just before he also gets the axe.
Comment by
managementfirst on Sep 03, 2024 11:47am
When Face book was at very early stage, Yahoo offer 1 billion to buy it out, zuckerberg agreed. But just before ink the deal, Yahoo changed to 0.8 billion, zuckerberg very mad, refused. From then Yahoo lost in the dust. Chance is a chance, missed chance will no any more.
Comment by
reconsider on Sep 03, 2024 12:21pm
Let's see if smart money out there finds us worth a couple mill before we submit BTD application. This should be the last PP before a resolution on BTD.
Comment by
Legit62 on Sep 03, 2024 12:39pm
Any ideas on when we get info on this last PP?? Did it close Friday??
Comment by
DJDawg on Sep 03, 2024 12:47pm
Usually a PP news release has to wait on them filing with TSX first. So usually add on a week at least from the closing date. My guess is next week we will find out how much cash we got this time.