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Biotech / Medical : Neurobiological Tech (NTII)
NTII 0.00010000.0%Jan 16 9:30 AM EST

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To: Dr. John M. de Castro who wrote (538)5/14/1999 7:42:00 PM
From: BRAVEHEART  Read Replies (3) of 1494
 
Hi John,

It is typical NTI Q stuff. Costs are under control. Expectations are the same relative to products. Cash will last through the end of June. Let's hope a collaboration is announced long before the last minute. I get really antsy when they wait till the twelfth hour to get funding.

Personally I am confident that something will be worked out by then. I truely believe a Pharma collaboration will be announced with enough cash to continue operations. That or I would welcome an instutional lender at this time. Heck a couple million in exchange for some shares with a holding period would be a boost. Even a bridge loan of a couple million would be welcome to make sure they have the needed cash to get the P-II results in the Fall. Anything to last through the year.

Best Wishes
Jeffrey
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