From OSX's POV having two JV's is not an issue - if anything that would be great. Good for the company and inherently good for us.
But I'm thinking from a Cell Heal POV - will that venture be happy about this MOU ? Noting there is another venture challenging them with a possible investor already showing potential, is it worth it for them to partner with OSX ? Will they now differ their plan ? - down to their business plan.
I think it is down to Cell Heal here - end of the day if they get into an agreement it is them who needs to find that investor to raise the quoted $ 10 mn.
Speculating: Maybe that's why it got pushed to the end of October, that could fall apart. Hope not though, we could do with all such ventures.
From OSX's POV having two JV's is not an issue - if anything...
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