GT Biopharma Inc (GTBP)

[scoot27]

For me the best news would be to hear that are getting a loan from a top 5 bank. They would need to prove that they will eventually have revenue or some sellable assets for the collateral.

My understanding is that they still have convertible debt, but no more authorized shares to pay off that convertible debt (the reason they need to authorize more shares).

As a stockholder (yes I made a mistake on this one) I would like to see the remaining debt not paid with stock rather it be paid with cash. The dilution has been awful this year. A sign of more dilution is when this board fills with a ton of pumpers, who disappear once the note holders dump all of their stock on the open market for a tidy profit.

My opinion only, please don't make any decisions based on my comments.