Adamis Pharmaceuticals Corp (ADMP)

[bigcat2]

I was super surprised they made it as long as they did before raising. How much cash did they have on hand early last week? I bet it was near zero.

If you want to bash or be negative just say they raised because they could not find a partner. Run with that.

I think they get approval and stock hits $7-8 in the next 2 months.

If company felt they would get FDA approval in June they would have held out until after it was announced to do the offering. But if they know they aren't going to get FDA approval they would do an offering ASAP cause when they announce no FDA approval the stock will tank.