RE: Answer by Stockhouse
I got the exact same answer... and asked if they cant cut off the SOURCE guy(s) that are behind this.
Regardless, I think we can say goodbye to all the clones we know and love once and for all... I applaud Stockhouse for being this aggressive.
ON THE ABRAXIS DEAL...
I have to give Pierre credit for getting this deal done. Who knows where we would honestly be against this big liquidity crisis background if we actually had to raise money in the usual means. As frustrating and brutal it is to see this stock trade down to these almost unprecedented levels... its in really good company. Anything that isnt margineable is getting SLAUGHTERED because of all the margin calls and liquidations.
We wont truly know what this deal means to Prometic until the bigger economic landscape clears up. Unfortunately, that means the waiting game again...
KUDOS to Pierre for getting a very solid deal done. Although ... tongue in cheek, he's done enough financings in the last few years, you'ld think he would finally get good at it ! This is an excellent deal for the company with an excellent partner. At some point soon, the funds and manipulators will realize that this company doesnt need to go back to the market for money for the forseeable future.... and in the mean time should deliver on a number of key and long awaited catalysts, and hopefully post some very respectable revenue growth...
feeling the pain