hi jack,
the way it held today was interesting.......if the market didn't like the reason for the halt it sure didn't exhibit any signs.
just looked like another day for GTG.
if it's not cash rolling in from a licence and a royality agreement its a script issue for a cool $10 million play dough.
GTG claim they r in discussions with sixty (60) other institutions concerning licencing. To me this sounds like a lot of possible sources of cash/royality or both.!!!!!!
So, whats on the down side big time ?????
I see it as the reluctant/recalcitrant (no, not Dr Mahatir lol ) institutions that refuse to pay licence fees/royalities.
However with the patent insurance I am not up to scratch.
I wonder if GTG get to counter sue the patent insurance for damages (value of lic/roy ) in the event of an unsucessful action ??????
Regardless of the fact that GTG never manage to bring one single product to the market ever, they will still receive squillions of dollars in income from the royalities that will surely arise from many of the discovery which
involved their patents.
regards
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- announcement today
announcement today, page-2
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