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Re: Triceps22 post# 18549

Monday, 08/07/2017 4:34:10 PM

Monday, August 07, 2017 4:34:10 PM

Post# of 50157
@Triceps22: Okay then a 100 to 1 takes shares to 5M outstanding..3M added shares you are already down 66% before including the guaranteed short attacks. For that, the company gets the few millions which will last how long? So in two months the company needs more money. In the meantime, the SP is getting attacked so they will engage in another round of toxic financing (which is what they did last fall) because no bank is going to give these guys money any other way. But the financing terms will be based on a toppling share price. Do you see the pattern (aka DRYS)? Best to end it here and sell-off to a big company with the resources to see CHEMOSAT through and we get money and go elsewhere. Otherwise, more torture. Why would you trust this CEO? I can't imagine a CEO more hostile to shareholders.
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