If there is ever going to be a deal or partner for anything with TB 4, it has to be in next few months. I am sure they have shopped TB 4 enough. And there is only so long that they will put on these $300,000 band aid buys of stock. It makes some sense that no deal would come in 3rd or 4th Q 2012. Pharma budgets for deals were probably done and spent by then. But it is now Jan 2013, and Pharmas have their 2013 R&D budgets ready to go & reloaded. If we don't see a partner by end of MArch or so, I'm afraid outlook is bleak. TB 4 has been shopped. It is 2013 now and 2013 budget money is available from Pharma. If they don't move soon, I doubt they ever will. And RGRX knows that. So why would they continue to do $300k band aids if no one is interested at all in TB 4. Sigma TAu did majority of it. even Joe McNAy bought in. But will they do again if no pharma comes forward by end of March? I don't think so. So soon it will be all or none., IMO.
The key to any deal is Sigma Tau for obvious reasons either through themselves or Lee's Pharmaceuticals. I see it as you do. A deal has to come sometime in the 1st Q.
The strength of the market could influence when an announcement will be made. If structured properly, investors will bid up the price and shareholders will be happy with their return.
I think if we're going to assign 'time frames' to when the 'deal' has to be made----------
I think I'll pick the first quarter of LAST YEAR. If you remember they were supposed to be broke by about June of last year. And after that they would kaput by October. Blah, Blah, Blah....
Kind of a pattern it would seem.
They are either going BK or they are purposely doing a shakeout.
Hell of a good acting job or extremely bad management.