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Thursday, 11/12/2015 12:44:50 PM

Thursday, November 12, 2015 12:44:50 PM

Post# of 156730
Theranos Inc. authorized new shares that would value the laboratory startup at more than $10 billion, a regulatory filing shows, three days before a Wall Street Journal article detailed the company’s struggles to turn excitement over its reported breakthroughs in blood-testing technology into reality.

Some legal experts say such a filing typically signals that a company has raised, or is planning to raise, new funds from private investors.this is very similar to TTCM and is NOT uncommon