Here is what he posted: "They exercised their options to purchaseat .52 & .53."
First, he can't spell and is speaking of the option awared to 8 board members granted by the company on 3-19-2013.
Second, They did NOT exercise their options. Period! They did NOT exercise the options to "purchaseat" stock at .52 & .53.
So once again, the cut and paste king that owns 2000 shares at over $2.00 per share is wrong. I don't think he really knows what he is saying half the time. He is a small time $5,000.00 account guy that has nothing to do and knows nothing about the market in general.
"First of all the players that have been at the table are still at the table. I want to make sure that’s clear, that nobody has walked away. Secondly, the process is beginning to pick up steam because we’ve now turned up a number of uncertainties. There are uncertainties around coverage revenue development and uncertainties around our own financial position. And so with that clarity the discussions are beginning to pick up speed. As far as what we’re looking for with AutoloGel, what we’re talking about is a supply and distribution agreement. So we would continue to supply the product and the partner would be responsible for the sales and marketing and distribution to the customer base. Ideally for us it would be an upfront payment, a royalty with milestones built in along the way. I don’t want to get into specific numbers, Ren only because I don’t want to inhibit or impair our negotiations".