RE:Good news??Lots of scenarios here....Maybe this was a demand by higher powers that have market/FDA influence to give USA Companys exposure before launch. Maybe TST suspects a NO in a couple weeks, so will need more money. Maybe TST suspects a NO for Approval in Q1 and will need Money for more trials. Maybe TST suspects a YES in a couple weeks and a YES at Approval time and need money for Production rampup. Maybe TST suspects/knows of a YES in a couple weeks and Approval in 2016 Q1 and needs money to start trials for other Cancers....There is no way for us peons to know what it is....we can only surmise and gamble on thoughts and assumptions.
But it is pretty obvious some big players have high hopes here, and they are not playing for 20% gains - they are going for many multiples. Lets hope they are right. I wonder if Dr Frost is connected with any of these new Players.
So, they had 172 million and now sell a PP for 109 million or 63% dilution. If you count fully Diluted prior to this they had approx 210 million, so a 52% Dilution.Now I fear a Partnership as well, which will Dilute another 40 - 60%, not in shares OS but in Revenue lost to the partner long term. Is it possible that this is going to be so big, that we were forced to spread the wealth.
Anyways, Fully Diluted we now have approx 320 million OS, or about $100 million Market Cap. My quess is, we are going to $1Billion+ within a year