Were is this held on the balance sheet? Is it cash or something else. Thats over 9 million dollars
That's reason enough to Dump this POS!!!
Sentiment: Strong Sell
GALE filthy $Cash$ rich ! Drugs on late stage development, ought to be a blockbuster on FDA approval.
Sentiment: Strong Buy
Thanks for all the come backs. does anyone like RXI with it's past gale relationship?
recorded as part of intangibles.
Since it was a spinoff, there is no direct cash to Gale's balance sheet.
However, anything that RXI comes up with, Gale will naturally get a cut of the money.