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If I had a lot of money to fund the company with the condition of having a majority of shares, that is the first thing a strong investor would ask. So we can only wait, and see what happens.
We are close to bankruptcy, but it all depends on whether platinum leaves others to finance or lets new members in. For that we have to increase capital and shares and that depends on the board authorizing it and they have majority to this day. So if ALAN can unlock it there may be a solution, if it can not the value go down to 0 and the ship sinks and then it can happen at all.
If ALAN can open the door to increase the number of actions the solution would be close but I do not know if I can do it or need permission from ECTE's majority board. That is the doubt
About the current situation ?? Or about the CGM ?????
All that is true and much more but the platinos neither eat nor let their actions eat prevent another and want to die killing to our misfortune.
ust be in making Platinum let capital increase to finance MTIA or another company they want to die killing, typical of people without values ??and gangsters,
Because ALAN is the only one that can get funding for ECTE and that happens to increase capital or there will be nothing to do, no one will trust anyone. And then how to make CGM work
2 years ago we talked about apple and CGM investigated and 2 years have passed and nothing, it is cheaper to start ECTe than paying its researchers for 2 years is a matter of numbers alone.
It seems that no one knows that px will go up and down, and the enlightened has no idea
It is clear that someone has made the ridiculous with their comments, and the fight is in the offices and financing, everything can happen tomorrow. Because Friday is a holiday and I can be a miracle like Jesus Christ.
Someone wants to lower the price to 0 dollars for tomorrow and there may be surprises
There are no stock sales today yet ???. That rare, yesterday seems like it was manipulation of someone who cares that this very cheap.
Exactly, px days will go down to the bottom and surely provoked by someone who wants the stock quoted as little as possible, we all know that nothing is worth, but we are not going to give away the shares we will wait until the end and then decide, I still think that Bajaran To the bottom almost to 0 and then expand to 50 million shares by someone with money and then fiananciara, but ..... that just my opinion ....
An interesting preguanta in a nASDAQ company requires a majority of shareholders to increase capital ?? Or the CEO can do it without consulting and approving the majorities ????? This is important if someone knows it.
Amen, let's see what happens this week as Jesus resurrected on Easter Sunday, let's see what happens, px days per logica should lower more and expect surprises so all actions would be worth the same or 0 dollars as those of ALAN.
These are strategies on the one hand to force others to give up or to sink the boat. Everything will depend to the extent that the two parties can get some holding and others by lowering the value of the stock to the bottom, or sell at the end to value 0 or expansion of shares or bankruptcy.
I think it will fall to 0'01 on Thursday, at ALAN's price and next Monday we will know what a surprise there is
Could happen of everything,
The volume is little only of those who sell for panic you have to wait for 15, everything can happen, even that value goes down to 0'01 to increase capital, difficult but everything can happen, I gave it for lost all long ago so I'm going to wait until the 18th.
Would have to ask why they have fallen, so much the stock value, ecte if there are few in circulation can only be of some who wants their value to go as low as possible and without volume as now.
Many questions with no answers at the moment
Irrigation is always there but if you have more than 50% of actions little thing can do against the majority just wait and see how it falls.
Some just see what they want to see, and the reality is very clear, money money
Effectively we all know that ecte can be successful or not, for that you do not have to be very smart,
Everything else is speculation also in other pharmaceutical development companies.
But what is decided in ECTE is now something more serious.
Is more, I would ask, can read a balance of a company ????.
My english is bad, just google, but accounting if you and ECTE is a bonbon for a big investor, with 20 million, covers lost warrans and px 2 years of work,
A company like ECTE can raise its shares up to 100 million, that means that if the current owners want to expand and have financing, then they would move from having 70% to only 10% within ECHO, and for them this is a great problem.
The solution at the moment has to be financial and that can only be done by ALAN with MTIA or another investor, and I keep on saying that it is cheap to operate or not to work is an economic problem, many companies invest a lot more money and do not know anything .
You said if the company fails they will surely lose the developments that is why they are holding it until they find a solution, they know that if there is bankruptcy there will be problems for them.
If you read 3 years ago seekingalpha had already CGM comments that hit 90% so the last 3 years I guess it will have improved, I summarize something that there is not that we do not know and everyone criticizes it so that they leave but they are still there They do not sell, but they do not have money to finance, strange things. There must be little to do CGM and they know it and they are dizzy all
The company NVAX spends a year 220 million in its development and has not achieved anything yet.
So 6 or 12 million is nothing. Compared to chances of success
Ramad I read the balance and I only see debt pendiete WARRANs of almost 6 million that is almost nothing if someone is interested and the most important is to have majority shares to move ECHO or that or bankruptcy, is what there is at the moment, as MTIA I think they are missing something because they would have abandoned it and can not take over all the technology and legal demands.
And the patents are named by ECHO
RAMAD starts to see the situation better. It is a stock issue and who has the company to do that has more than 50% of shares and it is easy to do that the board authorizes 13 million dollars new to $ 1.01 per share and then MTIA fiancia, but PLATINUM stays in the minority and that does not want to do it,
Let's wait and see what happens.
Greetings from Spain and quiet that is not as bad as it seems the situation
At the moment if PLATINUM does not have money it has to leave to others and that can only be done if the other one has more shares of the company it is law of the societies that more actions have orders.
In USA and NASDAQ there are no feelings, send the one who has money never forget it
When, we are in this situation, only counts the money, who have money is the one who takes the garo, very typical Spanish proverb. I would do that if I were MTIA. But you never know it's going. to pass
If that happens I will be very happy. And I'll say hello to ALAN
It does not take so much 2 years ago the technology worked at 90% and it was published, but MTIA are not silly and will not put money to benefit PLATINUM.
For that you propose the PLATINUM should reduce their participation and leave MTIA with a majority of shares, if that does not happen MTIA does not finance, to benefit another.
ALAN is an accountant and earns his living like that, and his future is at stake if he goes wrong. It will be difficult to find a job. He is a financial professional. Others are speculators. I would give him a vote of confidence.
Well I do not know, I only see two options, the first extension of shares to 24 million so that between investor and majority and then finance the company and ALAN negotiate their entry and another that MTIA require to expand the shares to leave in the minority PLATINUM and Then fiannciar this would be the most logical, or if nothing comes close and sell everything. And prepare for lawsuits in court
As for the famous RAMAD, I do not know who it is, I do not know who it is, at the moment what is decided is within the council and I doubt that he knows much,
It is clear that some shareholders are blocked and others are pressing, and money is the solution that has money waiting to tighten and ALAN may be the man of MTIA or there may be sale or absorption of another company. As I said in his day and that would be the best for all but for PLATINUM that is the obstacle of everything seems to me and until the last minute we will suffer all.