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someconcerns

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someconcerns

Re: Dizzle96 post# 847

Friday, 07/17/2015 4:09:07 PM

Friday, July 17, 2015 4:09:07 PM

Post# of 2839
Diz, BLRX did not actually issue more shares, according to the news feed on the right of this page. They simply filed a "shelf registration." That allows them to pull it off the shelf when they want to issue more shares, such as to a new large pharma wanting to partner on a new drug. Yes, they can sell more shares, but they can also use shares to buy more promising drugs.

Hope this helps you guys.

All I say is IMHO and not to be construed as investment advice. I know nothing, as informed frequently by my wife.

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