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Cotinga Pharmaceuticals Inc COTQF

Cotinga Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. The company's lead clinical candidate, COTI-2, is an oral small molecule targeting p53, a tumor suppressor gene that is mutated in over 50% of all cancers, and the company's second clinical candidate, COTI-219, is a novel oral small molecule compound targeting the mutant forms of KRAS with such mutations occurring in up to 30% of all cancers.


GREY:COTQF - Post by User

Comment by XRRH2008on Jun 23, 2017 9:04am
118 Views
Post# 26396756

RE:Ten for one reverse?

RE:Ten for one reverse?WTF?!?!  Good bye shareholder value... unless they come out with big news really soon. Otherwise the reverse essentially means (based on how most of these goes) we will have 1/10th the amount of shares and those consolidated will NOT trade at 10X the pre reverse split rate after the first day. Plus we're probably going to see a big hit on share price today with this news.
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