Titan needs cash now. Pushing it back will put Sunil on the street with hat in hand again in a few months. Sunil is like a junkie looking for cash to support his habit. He is selling everything 10 cents on the dollar to keep his salary going for a few more years. Braeburn is his dealer happy to oblige and clean him out. Sunil needs some Probuphine, but alas, it's not approved.
Braeburn walked away with just about everything in the latest Sunil give away.
Yes, there is a good chance Braeburn will walk if the FDA insists on additional trials.
Cash infusion of $5M? What is Titan's annual burn? How many months will tht lst befor another infusion is needed? At what cost then?
Have you ever seen a CEO tear up an agreement and accept a lower amount?
What will he give up next?
When the FDA asks for additional trials, Sunil will sign a new agreement accepting a 1% royalty or will it be a minus royalty?
Yeah, Braeburn keeps buying and Sunil is selling them shares at lower and lower prices.
Buyout at 50 cents or substantially lower?
Sunil is on one side of the table and the Braeburn syndicate on the other side.
Who's clock gets cleaned?
Sunil previously capitulated to Deerfield.
Sunil on one side of the table and a chimp on the other side.
Who would you bet on?
Did I just insult a chimp?
Sunil on one side of the table and an amoeba on the other side.
INO is not AAPL ..... please!
Use comparables: CTIC, HEB, GNBT, XOMA., ADLS ......
Take it to the bank.
Baggies can take it to the toilet and flush it.
The $5M is for Sunil's and Rubin's salaries.
A patent is needed to continue Parkinson's research.
Doesn't Titan currently have $10M, why hasn't Sunil advanced the Parkinson's research?
Did i just insult a deck chair?
Clarification: a deck chair has more integrity than Sunil.
The PUMP & DUMP of a penny stock.
Braeburn is anticipating that the FDA will insist on trials for other doses.
Braeburn will then market the other doses and pay Titan practically nothing.