Apr. 7 at 6:27 PM
$NEUP What the CEO's response below tells me is that this is almost definitely a RM since they are 'refining the list of companies'. Then the question becomes why is it taking so long?
$SNSE was able to pull of a quick RM. Valuing the company if they have no assets is relatively easy, so I believe the hold up here may be the assets that NEUP holds (BNC210 and the Merck partnered asset).
The 'complication' or 'hold-up' may be figuring out the value and/or negotiating sales of these assets before the RM is finalized. The timing may be taking longer than we had hoped, but I'm more bullish than ever on a very positive outcome here because of this so called 'lengthy process'.
