reading between the lines

While it is not for me to speculate on the reasons or timing of any individual shareholder’s decision to buy or sell.......

What he really meant.

'why on earth would anyone sell out at this time '

Furthermore, we are obliged to respect Janssen’s desire not to reveal any financial aspects of the broader alliance at this stage until they are finalised.

What he really meant.

'We'd like to openly celebrate by sharing lobster and champaign with you, but have to keep a lid on it, until Janssen sends out the invitations.'

The reason that we are so excited by this deal is that it could lead to multiple Phylomer-based drug candidates being developed and commercialised...

What he really meant.

'The reason that we are so excited by this deal is that it could lead to a ten to twenty bagger'

There have been substantial advancements with each of our partnerships and I want to reassure our shareholders that all of our current relationships – Roche, MedImmune, Pfizer and Janssen – are progressing.

What he really meant.

'the person who suggested the Roche collaboration is under threat should check the quality of this sources.'

With some of these companies, we are also discussing second deals that could be substantially larger than the first projects. Again, in the confidential world of drug development, we are not at liberty to disclose any details of these negotiations until they are finalised

What he really meant.

'hold onto your hats boys and girls the big boys are coming back for seconds'

A number of new partnerships are in negotiation with major Pharma and also with large biotechnology companies. We expect to close our next deal in the near future...
What he really meant.

What he really meant.

'again, why on earth would anyone sell out at this time '

More and more international drug companies are seeking meetings with Phylogica/For the first time there have been requests for Phylogica to meet with the investment arms of major drug companies

What he really meant.

'its right about now you should be calling the investment arm of your financial institution to see how much more money you can borrow to load upon PYC shares at 4 cents'

This is why the exit value of drug library companies and oil exploration companies does not typically correlate with their contractual revenues or stage of development

What he really meant.

'We'll take bids starting at half a billion, thankyou, yes I'll start off with a bid of $600m from Mr. PoS'

Always mindful of the likelihood of an eventual trade sale exit around exclusive access to the Phylomer libraries...

What he really meant.

'It won't be too long before we get bought out, and we'll be all sitting on the beach in the Bahamas'

We believe that these positive factors will work in concert to support our value recognition so that the share price more accurately reflects our true worth.

What he really meant.

'open your eyes people, the share price won't be at these prices for much longer'