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  • jacosa jacosa Nov 23, 2010 1:28 PM Flag

    3rd quarter

    I'm reasonably close to certain that a new issue of $4MM of stock would be impossible to sell. The company [really, the RG patent estate] could probably be sold fairly quickly for around $8MM, which would be shameful. The value of the RG franchise, developed, would be a few hhundred million, but it would take more than the above amounts to get to that point.

    Best chance for both PLC holders and prospective CIN victims is that RG will become standard of care in Italy within 18 mos., and that someone with development resources will take out PLC in the $20MM+ range on that basis.

 
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