Delcath Systems Inc (DCTH)

[ddaurelio]

So, I do find it interesting that they accelerated the process of delisting from NASDAQ, especially since one of the reasons they tried to use to persuade us to vote yes on the R/S was "trading in the OTC markets will make it more difficult for the company to raise capital...." They also implied that trading might be more thin (but given that we saw nearly 40M shares being traded today, that's not too bad for the first day in OTC).
It would seem that something made them change their mind rather quickly about the OTC market. I wonder what that was. BTW - I'm not implying anything nefarious here; I may have questioned their competence, but I'm not convinced they are deliberately trying to trash the stock.