RE:RE:RE:RE:RE:RE:RE:Could it be.......?skier59 wrote: Seriously Johnny DT, you really come up with the stupidest comments and thoughts ! Just because the MC currently stands at the current level there is no way in hell anybody will be able to buy the company for that price.
bionicjoe wrote: If any of the big pharma companies were seriously impressed with the science then all they would have to do is buy the whole company for $24 million USD and either take it private or tuck it away under one of their divisions. If they wait for TLT to stock up with cash then they can use that money to help pay for the purchase without it affecting their own shareholders.
The purchase price could drift lower if their only refinancing option is a PP. With the market reaction I can see it taking only $20 million USD but as I discussed a while back there really is no need to buy the whole company. You just need 51% ownership and then you control everything. That would allow the buyer to install who they wish as CEO and change the BOD to their liking.
It's a real concern for shareholders when the sp hovers this low. One bad PR and there is no cushion to soften how hard you hit the dirt. Also, besides big pharma looking for a deal there are countless predatory venture capital companies who will drive a company's sp even further into the ground and then jump in with a stink bid offer when the time is right.
RW might want to look at striking a deal with the holders of the 2015 54 cents warrants. I believe there are still about 19 million of them uncashed. Reprice them down to where they are in the money and he might get himself enough cash to keep the company going to at least this summer when we should know if the exploratory efficacy protocols are met for the next group of full dose patients. If the patients still have cancer recurrence at 180 days then it will be difficult to get financing in whatever form you want it to take.
Agree with you skier. I once thought this basement idiot in fact a smart guy for over 4 years bashing experience ,yet from this post he showed up his true IQ in fact only could match his shoe size...