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Wednesday, 06/28/2017 11:59:15 AM

Wednesday, June 28, 2017 11:59:15 AM

Post# of 824
Thoughts? So, is it reasonable to assume they will issue about 70 million new shares, approaching about 100 million total outstanding shares, in order to give Eloxx their 70%, or about 70 million shares?? If so, would it be a reasonable guess that we then do a 10-1 reverse split? 100 million outstanding at .30 becomes 10 million at $3.00. And we list on NASDQ, with about 30 million dollars of the recently acquired funds, and worth same market cap. Thoughts? Obvious to everyone but me?? And is this so Eloxx people can get out, on people like me, or build/grow a company/business? What are the advantages to Eloxx/pontifax to this "acquisition"/move into the Sevion shell, versus going public on their own?
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