Therapix Biosciences Ltd ADR TRPX

RE:RE:RE:RE:RE:RE:RE:News Release

[Fundy13]

I have been doing this for 20+ years and I have never seen a stock share price say with such certaintly that a deal is not going to go through, when everything I see tells me it should.
I posted this over on the HUGE board as signs I believe the deal will close.
1.  TRPX raises just enough money to get them to the time period  the aquisition is supposed to close.
2.  HUGE says the late filings on TRPXs part is holding up deal
3.  TRPX releases Q2 results and then a couple days later Q3 results to bring filing up to date.
4.  HUGE issues a couple press releases, that are not material in nature about property valuation and today about 4billion shares traded, in my option in an effort to stabalize share price.
5.  TRPX told me told they hope to have an updated press release over the next few days (shortly befor ethey released the Q3 financials)

As of now we are back at $5.45, pretty close to where we started the day, so the drop was short lived.  I think the financials may have scared a few shareholders seeing how close to running out of money TRPX is.  They probably have the $1million in the bank they just got from YA and little else, which will carry them though mid January.  If the deal falls apart they will get another $500k in funding from YA which probably brings us to the Feb 1 timeframe.  They are not in great shape if the deal does not go though, but they still have enough time to raise more money if needed and they were already close to a deal with CURE as well, so they would likely start talking with them again.
I bought more share today at $4.99 because I am trusted what I am seeing as signs the deal is close to getting done and putting tyhe share price movement as scared selling and fource margin call selling rather then a sign the deal is not going through.