Navidea's decision looms again | ALSE Message Board Posts

Alseres Pharmaceuticals, Inc.

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Msg  30 of 42  at  7/19/2012 3:49:03 PM  by

rufus1


Navidea's decision looms again

 The end of July is approaching and once again, Navidea will be faced with the decision of exercising the agreement with Alseres. It's interesting to note that the price of a NAVB share was $2.70 when this option was first offered to Navidea. Today the share price is $4.52. This would make a world of difference to Alseres, who would get 400,000 NAVB shares upon the exercise of the option plus 1 million more shares if a product reaches the market.
 
But none of the above has had an effect on Alseres stock this year. Still lingering in the 10 to 15 cent range and still worth a (risky) bet.
 
rufus
 
 



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