It shows that LC has faith in the outcomes of these trials by foregoing a contract that is mainly wage centred and has chosen to be paid in shares and options that protect the company financial position. Leslie would be worth $2-3 million per annum as the CEO/GM of any other biotech with this IP.
No income to preserve funds therefore, as per the deal with precision, the remuneration is based on potential company growth.
DYOR opinion only
Ann: Notice of Annual General Meeting/Proxy Form, page-290
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5.7¢ |
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Mkt cap ! $418.9M | |||
| Open | High | Low | Value | Volume |
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