Re: Arguments about milestones
in response to
by
posted on
Dec 23, 2013 10:45AM
My point is they did not put up any money up front and have not bought any in the market. This new group is there to monetize the company as quickly as possible and cash out on the options. Their cash is adequate assuming they can acheive their milestones on time and find some investors or buyers to take them out. If we go to the second quarter with no deal I would be very worried.