ADO

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Investor Update, page-158

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semi retired

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21/03/19

21:03

Post #: 37845113
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Originally posted by Stockcount ↑

The original agreement with FUJI Film was on 19th Jan 2017. As stated in the announcement today.

But the history on my trading site(eTrade) only goes back 2 years.

Does anybody have a copy of the agreement with FUJI ?

It does look like FUJI waited for the last minute and ugi to soften the terms of this agreement and CYP said NO. Then FUJI asked for an extension, which was granted. Don't know if that is brinkmanship or clever tactics from FUJI. Did they always wanted the extension without losing the exclusivity option and they got it. Or was the deal too much for them and they are desperate to make it happen but can't do it now. I doubt it.

As to what happened in the negotiations. We will never know and we should never know and never will we ever know ! As it should be and is.

Only the outcome matters.

I don't know if we can predict what will happen on 19 Sept. If FF push again, firstly there wont be an extension without a payment, I would think Ross ! and secondly its possible that some of the terms ARE renegotiated. But what exactly were the terms agreed.

Generally I remember a 6M payment upfront and FF will pay for the 2nd Trial. Don't remember the royalties(was it unclear in the first place ie. 'double figures'...) and something about rights to the global market for GvHD. Potentially upto 60M in upfront fees plus the royalties if all goes well and to its potential.

But like to see them again.

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Hey Stocky, I don't recall ADO having any dealings with Fugi? you OK tonight?

ADO Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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Last 2.6¢		Change -0.001(3.70%)		Mkt cap ! $54.77M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$30.12K	1.130M

Buyers (Bids)

No.	Vol.	Price($)
6	162089	2.6¢

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Price($)	Vol.	No.
2.7¢	84213	1

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No.	Vol.	Price($)
1	100045	0.017
12	5392623	0.016
6	1570373	0.015
5	1270000	0.014
2	1045000	0.013

Price($)	Vol.	No.
0.018	165394	4
0.019	555555	1
0.020	469389	4
0.021	105917	1
0.022	1013156	4

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