A bit more clear upside then the yoyo of CYP at the moment! I actually think this is alot better structured and the upside from down here is huge to deliver multiples.
The patent for IXC has been signed over so no confusion about any licensing etc plus it will take a while to get through the $11m cash in the bank so if any dilution it should be very little when it is hopefully at a higher price. And as you mentioned the Top 20 is very solid, cant see many of them shifting stock any time soon.
Looking forward to seeing these trial results anyway.
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