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Biotech / Medical : Cistron Biotechnology(CIST)$.30

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To: Vadim D. Marchenko who wrote (178)11/20/1996 9:47:00 PM
From: scaram(o)uche   of 2742
 
Vadim.........

80 hours/week, huh? Well, since I'm a shareholder, I like the way you think. :-)

However........ all of those employees have been paid all this time. Only the chairman has done work for defrayed compensation. Or I think that's what Bob was saying (Bob, I still can't find that in the 10-K..... I can find where Dr. Edelman will be payed at $200/hr for consulting, but I can't find anything about defrayed wages.... can you point me?). But, the Chairman only devotes 10% time, so that's about $40K/year.

OK, now I see what you're doing. Good...... we have an estimate of what the patents from IMNX are worth. Thanks, Vadim.

I'm outta here for a couple of days.

Disclaimer: I own CIST and I have a vested interest in its appreciation. Do your own homework. I am not qualified to make recommendations.

Rick
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