two years to get patent, page-9

PTD ann. today says they will be aggressive acquirers of new product. They'll use their cash for growth.
Read asx release for PTD today...

Now ,let us speculate and assume Peptech take a 19.9% stake in Solbec.
SBP has a very nice 'product' and 20% of the company is up for grabs if they can do a deal.
12c will probably be the placement price (but once again I'm just thinking out aloud ) ...A cashed up SBP could be worth up to $50mil market cap -but then again maybe Peptech want half the ip as well, so that could limit the upside.
SBP will need cash soon ,so they iether get it thru Cornell facility or they look for alternatives.