Theriva Biologics Inc (TOVX): Copied from the internet. "Consider t...

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Theriva Biologics Inc (TOVX)

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Tuesday, 09/12/2017 11:22:28 PM

Tuesday, September 12, 2017 11:22:28 PM

Copied from the internet.

"Consider this scenario.
SYN wanted to partner but the partnering company said you don't have sufficient cash to complete your part of the transaction. SYN issued these notes knowing that the company could bolster their balance sheet sufficiently enough to complete a partnership. Then when the Warrants get executed after the deal, the note holders get their money back plus interest. The convertible stock was just a bridge loan to have sufficient cash to enter into partnership.?

No idea if this is actually the case, but a very interesting possibility.
Internet chatter, so don't take it as fact.

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