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Re: Gantor50 post# 36669

Friday, 09/29/2017 11:34:52 AM

Friday, September 29, 2017 11:34:52 AM

Post# of 108192
Unfortunately ADXS has put themselves in a place where they have limited options to raise more cash. If the market cap were over $500 million or somewhere near $1 billion then they could afford to do issue more stock because the dilution would not be all that much for investors. (Not that I would want them to issue more stock, but they would have that option) But with the way they've handled this stock price fall and the market cap below $200 million, they can't issue more stock without really tanking the sp, maybe below $3, and that would really p.o. its loyal investors. So now they pretty much are stuck with one option, to go into a partnership with someone. And I don't feel this company and its management are in a strong bargaining position. They're kind of desperate and other companies know it. They need some impressive trial results to rocket this sp back up so they can have a better bargaining position, imo.
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