take-over taget, page-18

Well .... thank you very much indeed for that wealth of information. I feel a little better informed now.

Would the Biota board be under extreme pressure to negotiate a LANI deal ASAP to increase the value of the company beyond what some predators might be willing to pay? I expect that if it was considered great value at $5 - $10 per share there would still be a few players in there with a sufficient war-chest?

Would board member(s) be negotiating continuation of their position(s)to cover the case of a serious change of share ownership?