Vascular Biogenics Ltd (VBLT): The back story is the failed IPO. The fr...

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Re: Jumpinjackas post# 1451

Saturday, 10/07/2017 7:31:41 PM

Saturday, October 07, 2017 7:31:41 PM

The back story is the failed IPO. The fraudstein is (wrongly) blaming it on the CEO .. (fraudstein has an unhealthy dislike for Israeli biotechs). But if he did his research he would know, "The IPO in August was canceled because one investor, US venture capital fund Keffi Group, headed by founder Jide Zeitlin, did not deliver its money at the closing."

And if the name Jide Zeitlin / Keffi sounds familiar it's because he lost all his shares to Thai Lee for defaulting on his debt. Zeitlin is a sleazy investor and didn't have the money to deliver. I'm glad he is no longer one of the major shareholders.

http://www.globes.co.il/en/article-vbl-therapeutics-raises-40m-in-revived-nasdaq-ipo-1000975891

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