SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Cel-Sci Corp (AMEX:CVM) (was HIV) -- Ignore unavailable to you. Want to Upgrade?


To: Alan Brezin who wrote (2715)9/28/1999 7:10:00 PM
From: fmrick  Read Replies (2) | Respond to of 2836
 
Alan,

I don't think it is a matter of which is worth more at this point. Multikine is closer to being approved, so it is worth more, but LEAPS has so many applications it could be worth more in the long run.

How do I see it? I see LEAPS as a way to provide the company with the money they need to get Multikine to the market without another Private Placement. The company is getting low on cash again. What do we have left, a year and a half? By selling off parts of HGP-30 and LEAPS we can get the money we need. Sure, I'd love to see them keep 100% of all of the technologies, but it is not going to happen. They must raise money somewhere and I think this is the best way to do it.

Just my opinion.

Rick