Posted On: 09/30/2014 1:38:56 PM
Post# of 56323
They re-released the same quarterly report that was released 6 weeks ago. They amended it saying that creative edge only own 75% of cen bio now where as before they owned 89.9%. In the original deal when the lender lent 20 million to creative edge it was going to be given in increments. For example 5 million for buildout, 5 million for completion 5 million for license approval etc. So the fact that they amended the quarterly financials and gave up the full 25% of ownership means that they hit another milestone. Which IMO means that they received the license.
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