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ALTI Millionendeal - Vorsicht vor falschen Infos


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tetsuo:

ALTI Millionendeal - Vorsicht vor falschen Infos

 
01.02.05 09:04
Hallo,
die von Alti verbreiteten AdHocs News, die von 4Inverstors übernommen wurden,
sind inhaltlich nicht korrekt, irreführend und übertreiben eindeutig den Wert der Vereinbarung.

An instructive contrast
by: monkeyplay  01/31/05 11:58 pm
Msg: 28188 of 28189

The difference in content between the SPPI and Altair version’s of the PR are quite instructive of the sort o foutfit that Altair is:

This in SPPI’s version:
Spectrum will pay to Altair an upfront payment of 100,000 shares of restricted Spectrum common stock and will make an equity investment of $200,000 for 38,314 shares of Altair common stock.

Becomes THIS in Altair’s version:
Under the terms of the licensing agreement, an initial payment will be made consisting of restricted shares of Spectrum's common stock and a CASH PURCHASE BY SPECTRUM OF ALTAIR COMMON STOCK AT A 100 PERCENT PREMIUM to market price.

This in SPPI’s version:
In addition, Altair is eligible to receive payments upon achievement of a clinical development and certain regulatory and sales milestones, in addition to royalties on potential net sales.

Becomes THIS in Altair’s version:
Upon the successful completion of animal studies later this year confirming specified results, Spectrum will make an additional payment of restricted shares of Spectrum's common stock, for a projected total ***FIRST YEAR VALUE OF APPROXIMATELY $1.3 MILLION.***

And Altair just plain ADDED this to their version:
"[T]he total revenues to Altair over the life of this agreement could exceed $100 million."

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