Ann: Cynata Files Further Patent Application, page-46

in hindsight, maybe too low. However at the time we were about to give away a two year license deal in a major market to some low key company for a measly $250,000 + a further $2,250,000 AUD (!) for a 20% premium of what... 30-35c?
And they even struggled coming up with that. How could they have possibly being able to afford a product development?
The market did not appreciate that at all. We hit our low of 22.5c after that LOI and apart from a quick spike we were stuck in the low 30c range yet again.
Then Fujifilm showed up, a heavyweight with ambition to say the least, now negotiating a deal worth $3,000,000 USD (currently around $4,021,636 AUD) for a 35% premium working out to be around 50-52c.
Even with all the previous GvHD and patent announcements, I dare to say that we would have not seen the same level of market appreciation if we had done that bazaar trade with Regience. Only thanks to Fujifilm in hindsight it seems cheap.