cash=$30 million... NOL of over $300 million=$30 million...JT Torii deal =$100 million. Zerenex approval=$350 million (assumes 10% market share=$150 million x 3, which is very conservative). RECAP: cash=30...NOL=30...JT Torii=100...Zerenex approval= 350 GRAND TOTAL: 30+30+100+350=$510 million divide by 71 million shares= 7.18 per share. There are no guarantees, but it looks like a good businessman's risk.
The CC sounded like a bunch of high school students bullshitting their way through a presentation. Be warned, their voices quivered in fear multiple times, indicating a deception much like the run-up to Perifosine.
KERXY Ten Year Earnings Record 3 Quarters Positive, 36 Quarters Negitive. The proven KERXY track record does not look too good. However for a different point of view, please read... http//www.gurufocus.com/news/172724 Can KERXY Succeed Without Partership?