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Re: None

Saturday, 09/24/2016 1:17:42 AM

Saturday, September 24, 2016 1:17:42 AM

Post# of 827905
The shelf today was in part for registering Cognates shares as part of the Nasdaq agreement that was released couple of days ago


http://www.nasdaq.com/press-release/nasdaq-accepts-nw-bio-remediation-plan-for-shares-and-warrants-previously-issued-to-cognate-20160906-00602



"The Company will proceed with the registration of all shares and warrants held by Cognate, as was already required under the 2014 and 2013 Agreements for all securities issued thereunder."


and on the other hand the S-3 gives them the authority thus the possibility to raise cash for the trials


and here comes the interesting part the everybody is talking about :

we could very likely see a solid PR soon that will be followed

by an offering to raise more cash at higher levels.

we all know that this is how it happens usually with biotech :NEWS followed by offering


till now no shares are registered

it is a wait and see on how they will do it


next week could be interesting here especially after couple of big volume days last week (20 million +15 million)


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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