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Well it does look as though they have purposely ran the company into the ground. Their indifference to retail and their desire to have absolute control without any oversight are the reason for the constant hedge fund alliances and selling retail down the creek. Good by fiduciary duties and their responsibilities to shareholders.
Just filed my Fraud complaint with Rosen law firm. Hopefully, they’ll tear into it.
Not to be pessimistic James but if they do a dilutive financing to the degree they are talking about, I think the naysayers will be right. It will be the last one if they can even find a buyer currently.
What’s it like Ken, knowing that you’ve hedge fund funded the company right into the toilet? You should have known the cost of equity with these sharks was multiples of what the company was getting and that you were obliterating current owners of the company in the process. We have a BOD and CEO who don’t care about Advaxis or its shareholders, they only care about the endgame for themselves.
I was thinking the same thing.
Lack of funds..........might be the biggest factor.
I’m in.
Hedge fund has to work the price down to the offering price first with their HFT.......
So I’m like 100 percent sure the new offering is about letting someone cover a short position while the prefunded warrants enable said hedge fund to take a position after covering if they so choose. That’s the only way someone makes money on the deal. Follow the money. Once again the only person making money is the hedge fund the company is feeding us to.
They probably don’t want anyone to know who’s covering their short position and this allows them to do just that and maintain a position in the company.
You mean after they cover their short position?
Anyone been able to contact the company lately?
You’re brilliant!
Hedge funds acting as market maker doing what they do unabated!
Without a doubt they are waiting for Ken to sell them shares at 2.50.
When a stock is this heavily manipulated, after a while people figure it out and quit buying the stock.
Raja was smoking his medicinal marijuana and you ruined his high Keith! Dagnabbit!
They need to sell something outright to let the big players know they are moving ahead and not waiting around.
It’ll be around, quit being dramatic. Our investment might have been diluted into nonexistence but ADXS will still be around.
The profits in a case like that would be shared, not giving away anything.
Yeah well, I don’t believe Advaxis does that regularly.
I’m not sure what their plan is at this point, the stock is not worth enough to finance anything. Maybe they are too damn dumb to realize that.
If they can’t sell something for non-dilutive financing and Merck wants to freeload, then let’s shut everything down except the P3.
It’s as if they are helping position the SP for the next offering.....
And a new CMO whom you can understand, for god’s sake, it sounded like he was eating a samich while giving the data.
I will say that only Advaxis would hold a CC with nothing new to say and punch themselves in the throat. This little BIO needs a new BOD and new CEO immediately.
Sounded like they hired a firm to help with partnering as well from what I heard.
So did I hear Ken wrong when he said they are still talking with the FDA about an earlier look at data as well as some other things? It wouldn’t surprise me at all if they applied for compassionate use and are are debating that as well. It could very well be the reason for the hold up with partnering IMO.
They need someone who speaks English well to give the data. The chief medical officer is not that person.
You named him that, ha ha. As for the company he previously worked at, their product was not able to be patented. Nobody could have fixed that!
Nah, they are just waiting and watching why paid idiots post all day about bankruptcy, ha ha!
I’m not sure why the company would hold this conference call unless there was something positive to talk about.
Twenty thousand shares is nothing if even that many traded. We already knew everything that was in the after hours PR, I’m interested in what they say tomorrow.
What you described is how things were 20 years ago. Now those Same companies get plundered by hedge funds.
I think most hedge funds could be prosecuted under the Rico act, it fits and the federal government could totally act on it.
The sky is falling, take COVER!
Yep, manipulating the company to what they want to offer in the next offering.
The word recent does sound promising.
During the call, Advaxis’ senior management will review the company’s clinical development programs and recent financial results, and provide a general business update.
Evidently that is the case. The sky is falling, take cover!
No need for you to estimate anything, we’ll know for sure without a doubt, Monday night and then Tuesday maybe we get and added surprise.........