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Uh huh. They “contacted” you?
FDA is a lock. How are those MAPS? lol.
Yes I would hold. Sam, FDA approval
less than a year away. You think folks invested here hoping they might be lucky to get $.02? Lucky?
Sam Sam Sam.
I have not yet received any document. I’ll let the group know when it hits my mail box.
I would recommend taking a few days away. I’m deleting the app from my phone this weekend to relax with family and friends.
In fact. I hope everyone on this thread has a nice weekend, even Trompete.
And by the way, and no disrespect, no one will feel cheated out by you not posting.
Have a good weekend.
Do you, for a moment, believe that anyone on this message board give a scintilla of value to what you post?
The people on the board have spent months (if not years) trying to reconcile a product that saves lives against, well, an obstinate CEO who is a blessing at times, but mostly a curse.
You just signed up for an account the other day on iHub and go right for the jugular. A few days later you are dropping knowledge about some garbage penny stock, AKLM?, whatever that ghastly ticker might represent.
DCTH, despite all of the blemishes, is finally on the cusp of a wonderful thing.
And the “pumpers” on this board have paid more than a pound of flesh in stock ownership to articulate their thoughts. What have you done? Nothing.
Go back and see how many of us have been here for months and will continue to endure, long after your ilk are gone.
But by all means, continue your efforts here. Digital footprints are a wonderful thing.
Another recent iHub account sent from the heavens to save us. LoL.
Thanks for the laugh.
Have a nice weekend.
We’ll be just fine come nice earnings. Very day brings us that much closer to FDA approval.
Well played.
No luck on a response from IR from the 18 emails I sent this week.
It’s clear I need to double it to 36 next week.
HULK DEMAND GREEN NOW
So is it safe to assume one or more of the placement purchasers is unloading? What are the possible scenarios here? I spent too much time watching CDEL and MAXM throttle us the past few months. I cannot continue to sit here and watch this.
Of they come out with news concurrent to an offering or even an RS, and that news is explosive, none of this, and in particular, none of what you are posting about matters.
Right now you are regurgitating the same talking points with zero realization that we’re likely less than 12 months before they file the NDA for a much needed product in a $2.5 billion dollar market.
Get your head out of the sand.
Well, you’ve made some pretty catastrophic decisions regarding DCTH.
Hopefully folks take that into consideration if ever considering buying or selling DCTH and happen to stumble upon your posts.
Good day to you sir.
Come on BABY.
But it’s beautiful on the reversal.
Nice day for a walk.
You are not a shareholder. Go out and enjoy the day.
Bwahahahahah!
Tom is a clown.
Thank you Leo.
I hear you. It’s been a frustrating two weeks. No doubt about that.
Not near my ‘puter but will send in the AM.
And would this be considered a common occurrence?
Except they are prohibited from selling until April.
As always, thanks for the real thought provoking commentary...
So they should be good through August 2018, not May 2018.
Just another reason why the AS/RS filing appears hasty and ill-timed.
So then $4,650,000 to carry DCTH from May 10 to May 31st or there is a likelihood of Bankruptcy?
That’s one expensive three week period.
Wanna try again?
Thoughts anyone?
I do find this curious. Is my understanding off-base?
FROM THE SEC FILING FOR INCREASE IN AS AND RS
The Board of Directors believes that it is critical to the future viability of the Company that you vote “FOR” the Proposal. Failure to effect a reverse stock split will have a material adverse effect on the Company and its capital structure, including its ability to issue any common stock. We expect to need at least $20.0 million of cash to fund our operations and clinical trials for the remainder of 2018. Even with the net $4.65 million we just received from our follow on offering, it is unclear whether we will be able to continue as a going concern after May 31, 2018.
http://phx.corporate-ir.net/phoenix.zhtml?c=123840&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEyMDg0NDA3JkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3
That doesn't line up with the language from the 9 FEB FINAL PROSPECTUS:
I ask because in the FINAL PROSPECTUS, it's clear DCTH HAS ENOUGH CASH ON HAND FOR THE NEXT THREE MONTHS, EVEN WITHOUT PROCEEDS from the offering.
9 FEB 2018 + 90 days = 10 MAY 2018 WITHOUT the $4.65M cash they just received from the 212M shares.
FINAL PROSPECTUS 9 FEBRUARY 2018
Pending the uses described above, we intend to invest the net proceeds in interest-bearing investment-grade securities or deposits. The securities purchase agreement being entered into with certain purchasers in this offering limit our ability to raise capital both (i) for a set number of days, and (ii) for so long as warrants issued hereunder are outstanding, in any sort of variable priced financing. Even without receipt of proceeds from this offering, we have sufficient cash to operate for the next 90 days, and we do not intend to enter into any sort of variable priced financing in the future due to the highly dilutive nature of those financings.
http://phx.corporate-ir.net/phoenix.zhtml?c=123840&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEyMDQxOTIxJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3
If the burn is $1.5M per month, they should have money through August 10th and not May 10th per their filings.
So why need for the ill-timed filing?
Three years ago DCTH wasn't 12 months away from filing their CHEMSAT 2.0 NDA for FDA approval in a multi-million dollar global market.
Our primary research focus is on ocular melanoma liver metastases (mOM), intrahepatic cholangiocarcinoma (ICC), hepatocellular carcinoma (HCC or primary liver), and certain other cancers that are metastatic to the liver. We believe the disease states we are investigating represent a multi-billion dollar global market opportunity and a clear unmet medical need.
http://phx.corporate-ir.net/phoenix.zhtml?c=123840&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEyMDQxOTIxJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3
Good night, sir. I am going offline for the evening.
IT COMES DOWN TO TIMING.
The Board of Directors believes that it is critical to the future viability of the Company that you vote “FOR” the Proposal. Failure to effect a reverse stock split will have a material adverse effect on the Company and its capital structure, including its ability to issue any common stock. We expect to need at least $20.0 million of cash to fund our operations and clinical trials for the remainder of 2018. Even with the net $4.65 million we just received from our follow on offering, it is unclear whether we will be able to continue as a going concern after May 31, 2018.
http://phx.corporate-ir.net/phoenix.zhtml?c=123840&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEyMDg0NDA3JkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3
Should it be going concern after May 31? How much would a cash infusion of $4.65M carry DCTH?
I ask because in the FINAL PROSPECTUS, it's clear DCTH has enough cash on hand for the three months, even without proceeds from the offering.
9 FEB 2018 + 90 days = 10 MAY 2018.
How far can DCTH make the new influx of cash post 10 May 2018 last?
FINAL PROSPECTUS 9 FEBRUARY 2018
Pending the uses described above, we intend to invest the net proceeds in interest-bearing investment-grade securities or deposits. The securities purchase agreement being entered into with certain purchasers in this offering limit our ability to raise capital both (i) for a set number of days, and (ii) for so long as warrants issued hereunder are outstanding, in any sort of variable priced financing. Even without receipt of proceeds from this offering, we have sufficient cash to operate for the next 90 days, and we do not intend to enter into any sort of variable priced financing in the future due to the highly dilutive nature of those financings.
http://phx.corporate-ir.net/phoenix.zhtml?c=123840&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEyMDQxOTIxJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3
Ending 15 Feb 2018: Equity short interest up 577% from 2 weeks prior.
Next report will be a jailbreak.
http://otce.finra.org/ESI
The fever will break.
Tick Tock.
On Delcath’s 500th Commercial CHEMOSAT Treatment in Europe:
This is a meaningful milestone for Delcath, one that speaks to the belief physicians in Europe have developed in our product and this therapy for certain types of liver cancers. Our commercialization efforts in Europe have established a considerable body of published and presented research data that demonstrates the safety and efficacy of this therapy in appropriate patients. Further, Dutch Health Authorities recently included CHEMOSAT treatment in their published guidelines for ocular melanoma liver metastases, a step toward potential reimbursement coverage of CHEMOSAT in the Dutch market. We continue to leverage this experience to validate the safety and efficacy of the melphalan/Hepatic Delivery System (CHEMOSAT) in our clinical trials.”
http://delcath.com/reuters-news/?id=2330074
Sam, that’s just utter nonsense. 500 CHEMSAT treatments and FDA approval within a year.
It’s crazy talk.
Oh Big Stud!!!
You should be concerned.
No. This was real.
https://trends.google.com/trends/explore?date=now%201-d&q=DCTH
Glad to see so much, ahem, interest, from Israel today.
Astonished at the pace of those savages today. How does iHub permit that crap?
Haha. A plague of locusts.
They are outside of the US and so what would be considered a crime here goes unpunished.
We’ll know within 24 hours where this group came from.