IPO's and valuations, page-90

Another episode of pfeifer1982's HotCopper conspiracy madness!

This week's episode: "measuring tape"

A few recent events have gotten me thinking about the competitive tension we are all hoping for. Also, still unsure of Martin Rogers involvement in "Twittergate". Then to partial conversion of options happened yesterday and made me look back to find out who held the them and - even more important - why.


http://www.stemcellnetwork.org.au/l...WMAd6BAgFEAE&usg=AOvVaw18KXh_d4h2JQXbApbnbEJf

Celgene hunting in AU back in 2015 - msb on their hook for diseases including GvHD and cancer.

@philby said Sorrento likely linked to Wainwright, who was acting as an agent for our US placement back in July 2015.

Plus Wainwright 333k agent shares for the placement, of which they have converted 159,683 yesterday (why only partially and why now?).

Two lots of 3.33 mio options, one at 80c to expire within 13 months (expired as SP below at the time), second lot at $1 within 5 years (July 2020).

Ross said in the placement announcement "several institutions in the biotech investment sector that have participated" - funds used to progress cancer and other disease plus GvHD locked in for a clinical trial.

Both Sorrento and Celgene now backing Celularity.

Celularity/Cynata MoU.

Coming back to "Twittergate" and "business is war" (why the cosumer talks to Samsung directly when ordering a TV from Kogan).

So they met in Tokyo: Celularity, FujiFilm, Martin Rogers and Ross/Cynata, a loose chat slowly starts heating up...

Celularity putting "it" on the table and start measuring:
3.33 inches (Sorrento/Celularity options from July 2015?),
0.33 inches (H C Wainwright linked to Sorrento?)
and of course 4.86 inches (HSBC nominee account/s).

FujiFilm straight out:
"Yes, exceeding our 8.09 inches
BUT you have to include the tip as well with 1.91 inches (Vodyanyk a CDI/FujiFilm employee/affiliate, thanks @Artephius)."

Celularity responding:
"Since you want to get cocky here, then we also include the dangling feature and add 'around - in excess of - 1 inch' (a holding associated with Forrest Capital - KTM - Martin Rogers).
That makes ours not just bigger (over 9.5 inches, but it's also enough to cxxk block you!"

I'd call that an "awesome day of business in the most Japanese way" over Sushi and Sake!

Thoughts @philby?

Please note, I have made a few assumptions here that cannot be proven - yet, but I think that there is a good chance of a blocking stake being in existence already, hence they met in Tokyo to discuss.