Ann: Appendix 4D, page-27

In my mind, the actual issue is not so much short-term cash but how the co. is ever going to achieve real return. Cash from equity/debt has all but been burnt. $100Ms..I put a valuation on this thing a while ago (~20c+) and that model had a basis. However when you consider sale of property and loss of rev related to products like PFS the investment case just doesnt stack up.

I actually sold all my free carried stk today. Im not joking but Ill look to buy amgen with the proceeds. Its toppy but for a reason.