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SIGA Technologies, Inc. Message Board

  • fredstrickland256 fredstrickland256 Nov 8, 2013 3:38 PM Flag

    How Much Income is Received or Assured From This Contract?

    Hi. Long-time lurker (and SIGA investor), first-time poster.

    I'm trying to get a grip on two questions:

    1. Exactly how much money has the government already paid SIGA from this BARDA contract?

    And...

    2. How much more is the government required to pay (i.e. options aside) in this contract?

    It's surprisingly difficult to find this info. Can anyone help, or, even better, point me to a place where I can find the skinny on this?

    many thanks!!

    Fred

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • "Received?"
      EASTTENN led you there!

      "Assured?"
      Nothing is assured when dealing with the USG with sequester, budget wars,etc.

      But be assured that SIGA has THE CURE(The Only CURE) for smallpox & several other poxes.
      Be assured that BARDA did not award an original contract to a biotech startup for $2.8Billion
      without having a great need that BARDA felt only SIGA could fulfill.
      Be assured that the need is still there & that SIGA is the only biotech that can fill it despite 2-3 years of
      roadblocking.
      "$105M cash today", at least several hundred million over the "next 20 years" of SIGA/BARDA contracting
      with a 80/20 chance that the remaining $2.2B will be awarded to SIGA........as the Iran/Syria bioweapons
      threat unfolds.
      And then there are Israel/WHO Nations waiting.
      And Dengue Fever products, etc.

      Trade a few if nimble, take delivery on a core position(add to core with "free shares") & hedge if you know how to.
      Then be patient......for however long.

      IMO

      Sentiment: Strong Buy

      • 1 Reply to evenu2canexcel
      • Received?"
        Bumped for the edification of the "subtle & not so subtle sarcastic(s)" bashing for dollars.
        **************************************************
        EASTTENN led you there!

        "Assured?"
        Nothing is assured when dealing with the USG with sequester, budget wars,etc.

        But be assured that SIGA has THE CURE(The Only CURE) for smallpox & several other poxes.
        Be assured that BARDA did not award an original contract to a biotech startup for $2.8Billion
        without having a great need that BARDA felt only SIGA could fulfill.
        Be assured that the need is still there & that SIGA is the only biotech that can fill it despite 2-3 years of
        roadblocking.
        "$105M cash today", at least several hundred million over the "next 20 years" of SIGA/BARDA contracting
        with a 80/20 chance that the remaining $2.2B will be awarded to SIGA........as the Iran/Syria bioweapons
        threat unfolds.
        And then there are Israel/WHO Nations waiting.
        And Dengue Fever products, etc.

        Trade a few if nimble, take delivery on a core position(add to core with "free shares") & hedge if you know how to.
        Then be patient......for however long

        Sentiment: Strong Buy

    • 400 million. ~100 million has been paid?

    • I have the link but Yahoo won't let us post links anymore. It is an sec.gov edgar site under archives and I have tried to post it several times and several ways and it won't take. Sorry!

      Tennessee

 
SIGA
2.59-0.08(-3.00%)Jul 21 4:00 PMEDT

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