PAR paradigm biopharmaceuticals limited..

Ann: Loyalty and Piggyback Options Program, page-458

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    I feel that the longer this goes on without any other form of capital management than a deal, the more likely this is closer to a deal with a bio pharmaceutical than we think. If there was no deal to be done then we would already have capital in some form to continue on the Phase III.

    I believe the options are an indication of the strength of a possible deal with a bio pharmaceutical, the insiders would have been selling, which indicates that we aren’t far off, or the insiders are still of the belief it could go either way.
 
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