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Alias Born | 03/07/2014 |
Monday, July 06, 2015 9:37:52 PM
WHAT??? Maxim "put them on higher exchanges"??? HOW does that work exactly, LOL!!!
NVLX doesn't even come up as a valid stock symbol and BCLI did a reverse split and Maxim didn't do a capital raise ( a warrant laced mess by the way) until early 2015, it didn't have a thing to do with them "putting them on a higher exchange", LOL. NOT how it works. The company already had the market cap and enough shareholder equity to list before Maxim was involved from a simple Google search.
http://www.brainstorm-cell.com/index.php/news-events/323-september-30-2014
Maxim didn't do the secondary warrant sale mess until early 2015, they had ZERO to do with the company getting itself listed with PRIVATE CAPITAL it already had on-hand looks like to me, LOL.
UPLISTED on Sept 30 2014, NO MAXIM involved, LOL !!!
http://www.streetinsider.com/Corporate+News/Brainstorm+Cell+Therapeutics+(BCLI)+Enters+2.5M+Common+Warrant+Exercise+Agreement/10149217.html
Maxim ONLY DID capital raise involving them as a NASDAQ LISTED COMPANY.
Simple as that. Maxim DID NOT do any "capital raise" for any OTC penny stocks.
AND, BCLI is still a penny stock at $3 and change, they're down to about $20 million in cash, less than a year's worth at a quick glance of their financials- and would be heading to de-listing unless a LOT changed for um pretty quick looks like to me. Hardly some raving success since ole Maxim got involved with um- looks like the warrants are burying their share price for um more than likely IMO. $8.50 a share to less than $3 bucks, LOL !! That's toxic warrant deals for ya !!
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
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