I am long 2,036 shares of CYCC and adding.
Dear Mr. Rombotis,
I feel compelled to share with you a Thaumaturgical analysis I conducted on CYCC today, Friday, April 21st 2017. The messaging in this analysis is more important for you than it is for shareholders. And by “shareholders” I don’t mean any investment bank you work with, hedge fund(s) or institutional equity holders (which are coming in). I mean retail investors such as myself.
My guides are telling me that this is a new beginning for the company. The importance of this new beginning can’t be understated. It has sparked a genuine interest in the company. And while Adam Feuerstein, with motives known only to himself, has derided and derailed this fresh start it, nonetheless, is a very real phenomenon worth building upon.
At the present time, we see that you are troubled. Your tendency, as it has been in the past, is to pull away into yourself as a means of managing your emotions. You must avoid this. But the only way to do this successfully is to think of your retail shareholders first, last and always. And this is clearly not what you have done in the past.
At the present time, you are receiving your first genuine partnership interest revolving around CYC065. Big pharma knows that you are in a distressed financial situation not as it pertains to your runway of cash under current operating conditions but as it concerns any ambitions you have for placing CYC065 into a large enough Phase-2 trial to engage the FDA in Accelerated Approval discussions on a positive outcome. Consequently, the offers are, and will be, far below what you would hope to entertain. Regardless, you must not become depressed by this to the point of withdraw or becoming jaded. To keep the proper emotional disposition, keep your arguments focused on what’s best for your shareholders. You should note that this is what you’ll be hearing from your over fed counterparts. And while it comes across as disingenuous it is effective.
In Q3 you will be fielding offers from two parties. You must be careful not to play one off against the other but, rather, to treat each as an opportunity to gain clarity on mutual benefit. A large upfront cash payment will likely not be proffered given the fact that a smaller amount will be viewed by the supplicant as more than sufficient given your circumstances. A way around this would be to place the backend milestones in a near-term position. Instead of a $300m upfront payment, $100m might be sufficient if the first backend milestone were, for instance, a $40m Phase-2 payment upon first patient dosed. The prospective partner will be able to tell his or her shareholders that this deal was a steal given the low upfront payment while you’ll be able to tell us that more money will be realized in a shorter period of time.
Letting interested parties know that getting CYC140 into the clinic quickly and onto a large Phase-2 study is of the utmost importance will allow you to get more than what you’ll need. And an equity raise at a larger market-cap of say $80 to a $100m on news of this deal for CYC065 will add even more operating capital to your reserves.
And finally, it’s important for me to add the following caveat. Make a break with the past! Do not play data mining games! This will only add to an already poor image in the retail investment community and solicit Feuerstein’s added critique. Reporting the DNA Damage Response data from Phase-2 is fine. But if that data is, in fact, so-so, let both sapacitabine and seliciclib go. Focus all of your efforts and communications on the bright future you know in your heart that we possess.
This is the moment that will define you forever.
Always be well…