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Biotech / Medical : The thread of life

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To: Steve Lokness who wrote (1319)6/7/2007 11:27:52 PM
From: Mike McFarlandRead Replies (1) of 1336
 
edit--nevermind, I get it now, the PR spells it all out.
biz.yahoo.com
snip
...dissolution and liquidation of Tripos and the distribution of the remaining proceeds to our stockholders later this year. We will file articles of dissolution and commence the formal dissolution immediately."

As previously disclosed, following the sale of its Discovery Research business, the company has become a "shell company" and will request that The Nasdaq Global Market delist its common stock.

snip
............................

Tripos Discovery Research is the part that
was left behind. And that main portion was
bought by Vector--that is Tripos Discovery
Informatics (Vector paid 25.6 million).

Anyway, here is a PR for the private company
Tripos Discovery Informatics
tripos.com

So what is left at TRPS, just the symbol and a little
cash? The Tripos website is the private company.
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