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Biotech / Medical : Ligand (LGND) Breakout!
LGND 191.68-3.3%Feb 5 3:59 PM EST
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To: Vector1 who wrote (7845)9/27/1997 6:00:00 PM
From: celeryroot.com   of 32384
 
I assume the deal is done , otherwise they are on the hook for 20mil which leaves them with abt 35-40mil. Their burn rate is high. They can not increase the amount of stock but they can decrease the amount and offer more cash.
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