Delcath Systems Inc (DCTH)

[jlee3]

Gotcha.

One more question -- from the company's proxy statement "If we file a bankruptcy petition, our creditors will have priority over holders of shares of our common stock. It is likely that holders of shares of our common stock would receive little or no value for their shares as a result of any bankruptcy proceeding."

I know in your previous posts you mentioned if it came to bankruptcy, the company's assets would ultimately be auctioned off and would likely sell for $XXX million, which would be enough to pay off their debts in addition to paying out shareholders. Do you agree with the company's statement or do you think they're just saying this to really push a YES vote for the reverse split?