PYC pyc therapeutics limited

reply from nick woolf

  1. 11,715 Posts.
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    Hi,

    Received a reply from Nick Woolf this morning re shareholder concerns/frustrations questions as well as a reply to DS's post. Here's what he had to say...

    Hi Tony,

    The Board was sympathetic to most of the frustrations although there was some disinformation out there. Our next newsletter will talk to the issues and our solutions.

    Nick

    2nd reply re DS's post...

    Hi Tony,

    That's an interesting post and makes a lot of sense. We have contingent milestones in our deals but the timing can obviously slip. I think an annual maintenance payment could be negotiated and would assist our cash flow and ability to give reliable revenue guidance.

    Nick


 
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