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Re: GalacticGreen post# 2159

Saturday, 01/16/2016 2:36:24 PM

Saturday, January 16, 2016 2:36:24 PM

Post# of 2719
I'm interested in CYTX, but only looking from the outside right now.
Is it truly insider buying, or that they are cashing in on their warrants?

http://ih.advfn.com/p.php?pid=nmona&article=69753389

As of September 30, 2015, approximately 50.1 million warrants with anti-dilution price protection were outstanding. As a result of these anticipated warrant exercises, the Company expects that, as of the close business on December 31, 2015, there will be approximately 195 million common shares issued and outstanding and no warrants with anti-dilution price protection.



I know it shows shares sold, but in order to regain NASDAQ compliance, they are trying to convert all of their warrants and possibly do a reverse split to bring the Share price back above 1.00 to meet compliance as per their Letter from NASDAQ in December 2015.

http://ih.advfn.com/p.php?pid=nmona&article=69670658

if required Cytori will be in a position to effect a reverse stock split to bring the bid price of its common stock above the minimum $1 threshold.



SO, in my own personal opinion, it shows that they are cashing in on all their warrants at a rate of additional 50 Million shares so that a reverse split can be done to increase Share price...then possibly ask for an increase in Authorized shares afterwards.

Any insight would be greatly appreciated.
Thanks!

In My Own Personal Opinion Of Course!