GT Biopharma Inc (GTBP): Cataldo took over OXIS when it had 591m...

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Re: simon wagstaff post# 9307

Friday, 03/24/2017 8:10:36 AM

Friday, March 24, 2017 8:10:36 AM

Cataldo took over OXIS when it had 591m o/s 2014 and decided for the split which happened December 2015.
He did it without dilution 18 months later.
Compeletely different situation now.

If you take over and want to build a new company you don´t want to start with 591m O/s. Happens also in every merger stock.

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