Palatin Technologies Inc. (PTN)

[DavidW2]

Guys, wake up. Currently, with outstanding shares and all the warrants. Assume all the warrants convert to equity, PTN has 200 M shares. Again, with all the warrant conversion, PTN has 200 M shares. If PTN trade at $1 per share, it means $200 M market cap.

And now, PTN wants to do another huge diluted offering with stock and warrants. Good luck to all. PTN will trade below 50 cents soon....we'll see