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Message: Re: The CKD opportunity
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Jul 27, 2017 11:14AM

LongRVXer wrote: "Why the small peanuts of 10 Million done a month ago (considering the negative impact it had on the SP) when they know that next month they need 10 times more?   Why could they not have done it in one fell swoop?"

My opinion is that the pending futility analysis and the loan/financing are related. If positive futility analysis results are announced prior to August 28th, perhaps that opens up certain doors for loan/financing options. However, if the futility analysis is not announced prior to August 28th, then certain doors will not be opened and there are default options for dealing with loan/financing. Of course, "prior to August 28th" probably means on or before Friday August 25th. I'm not even going to go down the negative futility analysis rabbit hole.

BearDownAZ

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Jul 28, 2017 12:19AM
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