Ayala Pharmaceuticals Inc (ADXS)

[Meishairwin]

Ig, I hope your theory is right about shorts not having Dan's strategy to work to the short-term (i.e., 2-3 year) downside. Let's hope this is the last hard leg down before shorts move away from this $$ opportunity.

If we look at SGMO as a parallel situation -- very rough parallel, of course -- their pps went from $7.50 when it was announced Sandy Macrae would replace Ed Lanphier (6/6/16) to $2.65 share 6 months later (12/8/16). It then slowly began to climb when investors had a sense Sandy was moving the company in a more focused, commercial direction. Then, the pps exploded on May 10, 2017 when their big deal was announced, almost 1 year after Macrae took over as CEO, and good clinical news has kept the SGMO pps pot boiling.

Not saying this is what will happen with ADXS, but that's what I can only presume the BOD is trying to make happen.