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  • mike_b_arizona_b mike_b_arizona_b May 10, 2013 1:27 PM Flag

    AFFYMAX won't just FORFEIT Takeda/"O" royalties and milestone payments! Merger on the way...

    Depending on how you WANT to READ the 10Q, there's no doubt that whom ever wrote it was trying to cast a very negative, dark cloud over AFFYs' outlook. Which begs the question....Why not just file BK and get it over with? Who benefits from a this stall? Anyone trying to accumulate shares, thats who! BIG HOLDERS maybe! If they file BK, they would FORFEIT the "O" payments-not gonna happen. Thats why they will have to be absorbed by Takeda, there is no other option in order to get the payments! Affymax is just stripping down to their barebones (reduce staff, operating expenses,ect...) to do Takeda a favor before merger. Takeda will just pay shareholders for the potential payments. At what discount is anyones guess!

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