Yeah, remember the milestone payments that Nant were going to pay BLT? The payments that were going to fund the head and neck cancer program? Turns out milestones are what we are paying Nant. What is sophisticated about that? That deal is totally the opposite of what everyone thought it was. If we can raise US$20M now, then why did we need a deal like Nant's which is draining money for a non-core technology program? I must be missing something.
BLT Price at posting:
15.0¢ Sentiment: None Disclosure: Held