Post by
goldtech on Aug 18, 2021 10:02am
Massive rollback coming
Elliott and Gene orchestrated the worst deal in the companies history and will now initiate a massive 10 to 1 rollback. This does not effect them as their options are huge and their free shares and cash are more then they could have dreamed to screw you all.
Comment by
M101 on Aug 18, 2021 11:05am
The market will take notice of how this 100 million shares is digested, be it quickly, painfully or not completely. It will be 1/4 of outstanding when done so maybe a new or significant voting block will be created, beyond what the consultants were willng to accept a year ago. How this goes down right now will determine the risk in any potential roll back before clinicals results begin.
Comment by
M101 on Aug 18, 2021 11:15am
Oops, the offering just increased so that answers my question. So now I want to know at what price pp holders are still willing to churn to get that 1/4 warrant? .18? bit of a risk with strong buying interest so maybe .20 holds?
Comment by
Thenorth1990 on Aug 18, 2021 11:53am
Only serology news can save us pr what until ph1 I guess