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Proteome Sciences. AGM Statement.
jeffian - Wed, 21 Dec 05 :
Just in and caught up with the banter. Suspect that patjon/notready actually enjoy going at each other like alleycats but can't help pointing out (pay attention there, boys!) that arguing about how big the losses are and how quickly the money will run out is the equivalent of two starving men arguing over a sparrow's wishbone. The outcome is inevitable; it's only a matter of timing. What they should be concentrating on is the plump roast chicken (deal) which would solve their problem.
jayjay3,
As a commercial property valuer, I'm surprised that as someone involved in commercial property transactions yourself you've reversed the golden rule of valuation when you say in 24019 "Either you believe and understand the value of the IP and correspondingly that deals will eventually follow or alternatively you dont believe there is any value attached to the IP and therefore there will never be commercialisation". Surely it's the other way round? The capital value of any asset can only be gauged by its ability to generate an annual return/income. Thus it's not a consequence of "valuable IP" that deals will follow, but that the IP has value IF deals follow. If you accept that point, it answers your questions. Richard's "guesstimates" are undoubtedly using the right templates - building on a pattern of income to which a multiple can be applied to achieve a capital value - whose only weakness, IMHO, is that there are still far too many unknowns in the equation to produce a meaningful answer at this stage.
jt,
"If I said how much & it turned out to be the right figure, then what?".
Then you plead the 'Piers Morgan Defence' which says that it was pure coincidence and I defy you to prove otherwise. It worked for him; why would it not for you?!
8-)
Regards, Ian
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