RE:RE:Led by a healthcare focused institutional investorVery little doubt now that MC is a truly awful CEO.
Anson short sells ONC for a month or so and when they need to cover their shorts they simply call MC and arrange for a well below market purchase of shares.
And MC says, sure, we could really use the money, to pay our wages, thanks and by the way screw all the long term shareholders, who cares about them.
And ONC issues a deceptive press release suggesting the shares went to a healthcare focused investor.
BTW, ONC would never have done this had they not already had some very strong idea that PanCAN was near collapse.
Truly awful management of a sh*tty little micro cap biotech.
Doubtful this will ever enter P3 for any indication.
They'll keep running P2's until MC has enough money saved up for a very comfortable retirement.