Genta, Inc (fka GNTAQ)

[fmrick]

2 billion down, 8 billion to go.

And nobody has mentioned the February 15th deadline for next reverse split.

Sure, they can delay it for another month, but how long are the finance people willing to wait? They are converting as fast as they can, given the weak volume. At the current rate the company will run out om money before all the current debt is converted into shares.

With the reverse split, the company will be given some breathing room.