RE:RE:RE:RE:RE:RE:Sesen (SESN.Q)StevenBirch ... And to show you how Bunge was so frustrated, he then posted that
he had lost 84,000$ (on paper). That's when he continued vomitting on Roger and posted that Roger was
lacking negocation skills later on. This went on for many months.
Bungee is lacking many more things, when reading his posts. His posts lack substance, lack perspectives, lack data. I asked him many times to put more "meat" into his posts so we can exchange on a more solid ground. He's only interested in superficial and arrogant comments ("
Executive" type of comments) that bring nothing to mature investment discussions.
Reading Bunge at that moment, he was posting that TLT could have negociated a much better deal. When challenged on what reality and arguments, Bunge was never able to provide more info! The reality is that at that moment, TLT didn't even have a drug manufacturer!!! Hard to have a best in a first negociation with US deep-pockets.
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Claridge - (6/19/2019 11:05:08 AM) RE:Sesen (SESN.Q) Xena555 ... Good input.
And some here in Feb. 2015 were treating Roger as one
lacking negociation skills (the exact words of Bunge back then) when he did a pp @-20%, when in fact , we had not even a drug manufacturer and had just applied for a our first patent! Funny, we have 7 months left to have 19M warrants @0.54$ from those 60 months warrants.
SESN is now in a Ph. 3! And they have to do one @-20%. The stock is down -22% today. 20,410,000 shares of its common stock and warrants to purchase 20,410,000 shares of its common stock at a public offering price of $1.47 per share and accompanying warrant.
Looks like we had/still have some arm-chair quarterbacks.
*1:
Feb 2015 (TLT was trading @0.53$) ... TLT pp = $0.44 per Unit for aggregate gross proceeds of approximately $8,000,000. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the holder to acquire an additional Common Share at a price of $0.54 for a period of 60 months.
May 12, 2015 January 20, 2015 As of April 17, 2019, there were 35,639,705 warrants outstanding. Each whole warrant entitles the holder thereof to purchase one additional common share.
The warrants are exercisable as follows: 19,071,940 at a price of $0.54 until March 3, 2020. _______________
xena555 - (6/19/2019 9:42:13 AM) Sesen (SESN.Q)
SESN did a financing, priced it this morning. 20% discount to closing price, full warrant. $30mm US$