CUV 0.85% $15.37 clinuvel pharmaceuticals limited

encouraging announcement, page-3

  1. 162 Posts.
    EPITANMAN, about Millens options. I have good News.

    I remember reading in one of the releases late last year that if either no joint venture is signed by September, or Phase III does not start by 31 December, or if he ceases to be a director he loses 500,000 of his options.

    If you believe the current line, Epitan don't intend to sign a JV partner until well after September.....well that's the implication of raising the funds themselves.

    Actually my money is on a JV by September....I can't see Millen letting 500,000 options go without a fight.

    September is only about 5 months away :)



 
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