RE:RE:RE:RE:RE:RE:Zancudo >> Seems like it was recently approved for a 7:1.
Yeah, which appears to have done two or three things quite well.
1) effectively dilutes & shuts out old shareholders (ok, more or less needs to happen.)
2) allows management & other priveledged members to more effectively capitalize on any subsequent new deal by adding a little (was it new or old shares) into the mix. And if you don't think that works or is very effective... just look at and read what others have posted on this board. Think anyone that doesn't read this board any less confused that some here are (or have been) by it?
>> Insiders Allan Growach and Satvir Dhillon took part in the clean up financing
what a concept. a "clean up" financing.
(evidently cleaning up in ways other than what I think you might have meant!)