Thursday, July 20, 2017 10:50:09 AM
If press release was handled properly, and SK not in bed with funds. Things will be very different now. It's just too obvious when management award themselves millions of options at 0.43 when the final STS results were counted for which actually showed positive for the STS trial. They want to pull the same thing again when SCLC data is out. That's why they wanted RS and 10 million more options. You ever see that much options being awarded to multiple officers in one day?
And, yes, delisting doesn't matter if a deal was going through. Filing the NDA doesn't matter either. Even though RS and 10 million option didn't pass the vote, management is not without shares to award themselves, just less.
Question now is will the current deal satisfy their greed? If not, we would be in major disappointment too. I am sure many including funds might pull out and keep a smaller holding to see if new opportunity arise to buy back in later this year.
Otherwise, SK will need to be forced just like ABBA said, he would be messing with the wrong people with a lot of money on the table.
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