The terms of the non-tradable CVR include an additional payment of up to $2.00 if certain sales milestones are achieved. The CVR will entitle each Trius stockholder to receive $1.00 per share if net sales of tedizolid in the U.S., Canada and Europe are greater than or equal to $125 million in 2016 and up to an additional $1.00 per share, paid on a pro rata basis, for 2016 net sales between $125 million and $135 million.
Barclays is acting as the exclusive financial advisor to Cubist, and Ropes & Gray LLP is serving as its legal counsel. Citi and Centerview Partners LLC are acting as financial advisors to Trius, and Cooley LLP is serving as its legal counsel.
I was pretty sceptical of PennyStock101 (org) with the mixed messages all over yahoo but they are legit. I have been following them for a few months and they have been on point with the profits. Their otcmarkets, nasdaq and nyse plays have made me a few grand so far. Google them
Anyone out there still following this because they own the CVRs? I got into this because of Kitty and owe him a lot because of the success of SNTS as well. Anyway, Cubist got a very favorable read today from an FDA panel which makes it increasingly likely that the drug will be approved and the sales targets reached. If the sales targets are reached, those of us holding the CVRs will get a nice payment a few years from now! Thanks again Kitty! I'll see you on the ACRX board where I am long and strong and waiting for PDUFA in July!
Sentiment: Strong Buy
It's a cowboy thingy from da movies.... they always say Let's Ride... "it is time to go."
Next stop, next town. Time to hit da bar and do a lil' gambling. Find a few lost dollars. Maybe a lill' gold dust.
ME lost my dollar (s) - but found a few else where's.
Maybe I should turn in the found money and hope someone else returns my money - ya think?
Basically, for the past 3-5 years, all things considered equal, I am breaking even.
Somebody though is making big MONEY - hard earned money is made by hard work. What most of us do every day... DAS is WHY we get up in da mornin, drink our coffee or mountain dew/coke and go to WORK... so we can loose our money investing...
I KNOW SOMEONE out there is making money, cause I be loosing it.
Maybe I should QUIT taking investment advice from das YAHOOLAGANS.
NOW that sounds like some DARN good CHILI...
yeah finally, why were we waiting so long?????
Must be nice, they used my 150k plus all others $$$$ that did not tender for a month. How the hell do we get in on that game? LOL!
Going toadd to my RMTI position, looks like another TSRX brewing.
I did not tender my shares. I called Eileen McIntyre-invest-relations @ Cubist This morning 10/08/13. She told me to talk to my broker #$%$ should be disbursed by computershares company. I called TDAmeritrade and they said that I should expect to see $$ tomorrow.