Yeah, I was just looking at that options they award themselves. So they caused a big drop in share price last summer, then in December a whole chain of awards anywhere from 180k to 1.25 million to management and to SK twice in two days. Can you smell greed? That much options at 0.43 lol. Forgot the terms on the current proxy I bet the RS don't affect those options.
What seems to be happening is that company released immature trial results plus negative media on the stock resulting in sharp drop in share price, then makes an offering which pretty much keeps the share price down last year coincidence? I think not. Year end review time, award bunch of options at 0.43. Then makes yet another offering earlier this year but no warrants this time. In July proposing RS and fixed 10 million options for management again? I can smell greed like 100 miles away. What this is suggesting to me is that they want RS to prevent delisting, then come year end, they are able to award million more options on company goals as they plan to submit the NDA. If this is what management was planning, a deal won't happen any time soon. They are not done lining up their pockets yet.
However, the RS vote and most of proxy got voted no, so that changes things a bit. Because we now face a delisting come August. I don't think Sk want the share price to go below 0.43. Even if there were offers on the table it's no good to anyone if management is holding out and not planning to close it yet. Maybe this is why some are saying proxy voted down will force them to sell.
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