Ann: Release of Securities from Voluntary Escrow, page-65

I'm out for now.

As others have noted; MRQ will have 2.2b~ SOI fully diluted. At current prices that's a $45m~ EV given the funds from the conversion of the OB's. I think there's better value out there.

I completely understand that if those milestones are reached then fundamentally could be in a different situation, but I still don't think it's as an attractive value proposition as it was sub 1c.

Appreciate the great posts from Sally, BMWgirl and others - I've learned a lot. BJ and NL - you undid all that I learned. Thanks for that.

Good luck all.