Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Free
Message: TrickyRic /Re: Picked up another 50K shares today and have to chime in
6
Nov 26, 2007 03:34PM

Even if the PR or 8K wasn't issued until Tues of next week, if the settlement is arrived at this week and the deal signed this week, they'll count that as income for this quarter as they book license income when it is signed, not when the PR is issued. I think if the strategy was to exclude the numbers from this quarter, the stay would've been delayed originally so it was issued with 30 days expiring well after the end of the quarter.

From the other side, the J's may well want the numbers to count towards THIS quarter for them (not sure what fiscal schedule they're on).

I think if the settlement is to be done, it will be of significant enough $$, $50 - $75M per defendant, and I think that will be plenty of incentive for the rest of the license candidates to sign earlier than later.

Share
New Message
Please login to post a reply