tag:blogger.com,1999:blog-10000891.post4366622111978040161..comments2024-02-21T19:56:57.057-08:00Comments on California Stem Cell Report: No New Stem Cell Cash in Latest California Bond SaleDavid Jensenhttp://www.blogger.com/profile/00077329461962729362noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10000891.post-43230793730717644322009-10-09T15:33:40.749-07:002009-10-09T15:33:40.749-07:00Thank you for your comment, Don. I have posted an ...Thank you for your comment, Don. I have posted an item, calling special attention to it. As you know, the information came from the state treasurer's office. I am checking with them to say what they have to say about this matter.David Jensenhttps://www.blogger.com/profile/00077329461962729362noreply@blogger.comtag:blogger.com,1999:blog-10000891.post-34355714776989167162009-10-09T14:21:06.053-07:002009-10-09T14:21:06.053-07:00More misinformation from Mr. Jensen. CIRM was allo...More misinformation from Mr. Jensen. CIRM was allotted $118 million in new funds in the latest bond sale, $75 million to go toward new projects and $43 million to cover the loan for the Sanford consortium facility project. We view the latter as critical new money because it takes debt off our books that could have eaten into our cash flow. The state was also able to convert $250 million of our debt from taxable to lower cost tax-exempt bonds, which is not something the voters of California would consider inconsequential.Don Gibbons, CCO CIRMnoreply@blogger.com