RE: Collaboration Agreement2 Aug 2019 14:25
Alf
tend to agree re execs. I feel a little exposed at IF ‘s large number of stock options. If I am correct, every penny over 0.5p he bags 350k. So just 2p would be life changing for him. We have pur own views re value of FF, but 2p would be on the low side - especially with all the tax losses that would come with FF. I for one would oppose any further option awards.
All news is good. As I’ve said before, FF is not being made at scale yet, so the revenues will stay rather static until BH step it up. I’m a bit intrigued as why BH have done two animal studies now, in preference to human studies. Do they see a big market in pet food ?
W£