Timeframe for 2015, page-10

"...repetitious attempts at pretending that MSB is cash strapped..."

I never said they were "cash strapped". I said - and I'll repeat it for the umpteenth time - that I think they are underfunded to the point of commercialisation, from which the company will be able to fund itself.

You then said to me that my position was inaccurate, and predicated on speculation, referring to:

1) payments that would be coming from Teva , and
2) launch of products in Japan

All I am seeking, given that I am not in possession of any information that can confirm or deny your assertions under 1) and 2) above, is for you to substantiate these claims.

As especially given that you have said I am speculating, it pre-supposes you are not.

So do you have any basis for your statements above, or are you - as you accuse me of doing - also just speculating?


"The claims that no payments made under this deal are fantastic."

If they are so fantastic, it should be easy to prove why this is the case.


Here's what's been happening:

I have expressed an opinion on the funding position.
You have said it is wrong and speculative.
I have asked why you believe this to be the case... on numerous occasions.
Yet have never been able to answer (other than to say its "logical" ...and remember that, in the absence of fact, one man's logic is another man's speculation.)

So, for the umpteenth time:

1. Can you say for sure what milestone payments are due from Teva over the next 12 months, after which MSB's capital will be depleted - or close to it?

2. "Can you say what quantum of revenue you estimate the company will be able to garner from Japan, and over what timeframes?"


These are very simple, fundamental questions that have arisen from you saying I am speculating and therefore implying my logic is flawed, as opposed to your valid, accurate logic.

As I said, simple questions.
But important ones, I suspect most investors would think.

Can you answer them?

(Of course, you are well within your rights to simply choose to not engage)