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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS)
KDUS 1.6000.0%Jul 2 5:00 PM EST

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To: Tomato who wrote (353)10/20/2000 5:20:18 PM
From: Tomato  Read Replies (1) of 1833
 
A dumb question and a not so dumb question:

1. largely potential royalty flow from the OSIP-proprietary and OSIP-Solvay projects

How does that royalty flow begin? Is someone paying royalties now besides the $100k licensing fee? Who and what will cause the flow to flow? I think I read on one post that it might be over $10 mil year in 2004-2005? What gets KDUS to $10 mil in royalties?

2. Is there any time limit on Glass doing anything to "enhance SH value"? Can he sit on things indefinitely, or is there anything that compels him to shop the shell, as it were? Could we be waiting years for something to happen?

(You figure which was the dumb one(s). ;-) )
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