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Biotech / Medical : Shaman Pharmaceuticals has been moving on big, relative, -- Ignore unavailable to you. Want to Upgrade?


To: Edscharp who wrote (832)12/18/2001 11:39:12 AM
From: Daniel Shaffer  Read Replies (1) | Respond to of 838
 
Thanks, Ed!

Shaman probably should have been structured from the start as a not-for-profit, charitable foundation that could receive tax deductible contributions under 501.c.3. That was the mentality of Shaman management anyway -- spend money doing good things and don't worry about making a profit. Money from investors to them simply meant contributions to keep the ball rolling and keep themselves comfortably and happily employed..

Best wishes!

Dan