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Zenith's BET Inhibitor ZEN-3694 is Currently Being Evaluated in Multiple Oncology Clinical Trials

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Message: Re: A taxable versus a non taxable sale

I was in the scrum listening to Don take questions and he was asked when an IPO could be expected. I was standing behind him and the buss in the place was loud so it was hard for me to hear but the answer I heard was that they were working on something but could not say and when asked when, he brightly said soon. He also said that although an IPO is not out of the question, it is not something they are working on at this time because he felt that the shareholders would go out and sell their Zenith shares, driving the price down, not good for a new IPO. We can expect some sort of cqsh and share of another company arrangement. When asked  if he was hopeing to have this arrangement for this meeting he said that yes but wasnt going to wait for it because of previous experiences. I just got the feeling that it was hard for him to hold back but he is starting to show his seasoning as a CEO. This fellow has got a lot going on and is not to be taken lightly.   

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