XOMA Corporation (XOMA)

[woops]

Absolutely Brutal Beatdown as expected.

"Clever" series X Convertible Preferred: 5,300
(1 X = 1,000 common)

In effect 5,300,000 common

And gravy 1,200,000 common

Total 6,500,000 additional shares.

1 share is now 1/2 share was 1/20 of a share etc, etc.

Xoma share price is a Fibonacci series in inverse. They still owe at least 12M. Realistically, YEARS away even if they miraculously even have something that works (we already know with their mumbo jumbo it for sure doesn't work in all cases)