Ann: Phosphagenics Arbitration Award Issued, page-186

Another thing that may appeal to some companies is the tax losses in excess of $150m we have ... a T/O would allow the acquiring entity to utilise them ... they would also get the IP and could see how it all plays out ? Bottom line is they (at present) could swallow us up for say $20m? ... make provision for $5m Mylan costs order .... and get a $150m tax loss benefit .... Some may laugh but it’s been done before