my source (who i think is a pretty good one) puts the estimate at 40MM on the low end. He says the high end could be 100MM.

Frankly, 40MM works fine - gets us a ton of dry powder. the real money will start rolling in when we sign up a partner, which i expect soon after the hold is lifted. not that i won't take 100 though in terms of timing, he mentioned "this Summer" - which would also be great.