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Thursday, 10/12/2017 4:31:38 PM

Thursday, October 12, 2017 4:31:38 PM

Post# of 108192
SEC 13G, Adage Most Recent:

Someone asked, "DOES ADAGE HOLD 10% OR LESS NOW"? Here's how it looks to me, given the "most recent numbers" we have to work with:

https://www.sec.gov/Archives/edgar/data/1100397/000090266417003762/p17-1948sc13ga.htm

Filed on 9/27/17 (so I'd expect another one soon, given the FORM 4 today)

Here's how my math "pencils out" - assuming ADXS hasn't diluted since then:

That 13G just about 1.5 months ago stated:

Adage: 4,700,043 shares

And that = 11.45% of total

Thus,

4,700,043 / .1145 = 41,048,410 TOTAL SHARES OUTSTANDING ON 9/27

TODAY:

Form 4 today says ADAGE now holds: 4,100,043 shares, after unloading 600K shares

41,048,410 X .10 (10%) = 4,104,841


(that makes it about 4,841 shares shy of 10% for ADAGE now, "maybe")

LOOKS TO ME LIKE ADAGE JUST weeeee tad dipped below the 10% mark today then. Unless of course, there's been any dilution- but they're likely sitting right on the hairy edge.

I think technically, it's 9.99% holdings for "reporting", and they look to have shaved it like with a single edge blade they cut it so damn fine.

That's how it looks to me. ADAGE is either gonna "hold" here, or as many have pointed out, they may be dumping it all, prior to year end.

Dirty DOC made um filthy wealthy- they ran the pump to $30, then shorted the living excrement out of it to $4. Who says crime doesn't pay? It's better than knocking-off ATM machines or robbing banks- that's how much bank they made on this POS. Danno, a real piece of work- getting in bed with dirty hedge fund money, one notch above filthy, toxic convertible debt, excrement grade "financing"...AND with warrant "kickers" tacked-on to boot.

Nothing but bank...all except for shareholders of course...and then a drunken sailor hiring spree...but they can't file some damn papers on-time, must be playing nerf ball in the company safe-space and relaxation lounge.

LAYOFFS and PAY CUTS Lombardo...better man-up and PLAY LEADER and CEO for a change. This bull sh$%t ain't gonna cut it. Slash the burn rate and cut 10% minimum. If you can't find one out of 10 "deadwood" in any company, then you ain't a leader my man. Poser...not a leader. Makes some hard decisions and prove you're serious, else, get someone in there that can do the job.

Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.

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