only case of this size in his career, his legacy. Did he set rthe august date of retiring before the DSC ruling. Did he misunderstand when DSC told him to change his ruling and award PIP for expectancy? Think he already knows the outcome? I think they help him out, possibly by giving PIP the amount Parsons calculated but eliminates the interest, if so, will they allow Siga out of bankrupcy by allowing a payment plan?
Tthe Optimization Program implemented in fourth quarter of 2013, in August 2014, the Company entered into an asset purchase agreement to sell and transfer its pre-clinical Arenavirus assets
and research and development grant relating to Lassa fever to Kineta Four, LLC (the “ Purchaser”), an unrelated party. In exchange for the transfer of certain assets and intellectual property rights, the Company
received profit interest units ( “ Units”) in Kineta Four, LLC, and the Company is eligible for approximately $5.1 million of later-stage milestone payments and royalties of up to 4% on sales of drugs that use the
transferred intellectual property rights. The Units, which have no voting rights, could provide the Company with a participation of approximately 5 - 10% of any cash distribution, if any, by Kineta Four, LLC,
depending on future fundraising by Kineta Four, LLC. The assets transferred as part of the asset purchase agreement are the sole operating assets of Kineta Four, LLC. The asset purchase agreement had no
impact on the Company's results of operations as the assets and intellectual property transferred to the Purchaser had no book value.