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08/03/18
20:08
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Originally posted by maurico
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The cash balance was getting low again, my view is that by drawing down on the new loan provides MSB with enough funds to get them to an inflection point like FDA approval and provides them more muscle in negotiations with potential partners. The next six months will be very telling for MSB. We will wait and see.[/QUOTE
Absolutely agree Maurico but the six months is a bit long for me, I’m looking for buyer confirmation inside three months latest. Also I’m looking for volume competition, it’s not just one buyer out there. The need to press Go button will be compelling, there’s no more free passes. Tomorrow would be a good time but I’ll give it a month to confirm MSB is a major buy now.
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