$5.5m is out of thin air as is the future expenditure on trials in Australia. w27 - ChoGr would not have $30 or $100m to spend?! they could only do that if they have a decent sized pharma looking over their shoulder.
Ip protection is completely opaque. We will have no way of knowing if this is even able to be patented. License for what exactly . Its like saying I am selling a license for cannabis oil and lasers. I have no idea what this thing is other than it has a rather large acronym. Mgmt has done nothing to educate the market.
I think my best guess is that there is something else gonig on here we have no clue about.
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