Wednesday, December 07, 2016 9:37:32 AM
I think admin is just hanging on for both to happen before doing the inevitable R/S hoping to get some rise is share price to minimize the ratio...right now 1:20 sucks...I think anyone who is interested in buying shares is postponing purchase until after this R/S and the inevitable retracing of share price.
A positive outcome from the arb just means no ADDITIONAL dilution for 1 1/2 years or so...present dilution remains..the gazillion cheap warrants remain. At this price we MAY get back to 20-30 cents.
The FDA release of the hold brings us back to square one (and adding 400+ patients) with a 3-4 month loss of enrollment with completion being years away.
I think this stock has been, for the short/medium time frame, irreversibly damaged by many concurrent events and it will be extremely difficult to change that sentiment AND reinstall confidence in management. That hidden SEC issue, if serious, is just lame on management's part. When did it happen? Last month? Last year? WTF? No one thinks this might have been important enough for a PR? ...or REQUIRED a PR? Even though it sucks I HOPE it's only related to share price.
The ONLY event that will be a major plus is FDA approval and that is a LONG way away....
Way too much baggage...
My opinions
Recent CVM News
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- The UK’s Medicines & Healthcare Products Regulatory Agency Grants CEL-SCI a Pediatric Waiver, Bringing Multikine® One Step Closer to Future Marketing Clearance • Business Wire • 09/04/2024 01:00:00 PM
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