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Re: oakrock post# 42977

Wednesday, 11/15/2017 9:49:22 AM

Wednesday, November 15, 2017 9:49:22 AM

Post# of 108192
Interesting thought Oakrock. When ADXS made deals with these big investment firms and received lots of cash it seemed a good thing at the time. It showed big companies were interested by wanting to own our stock. ADXS was even willing to dilute (issue new shares to the companies). At the time I'm sure these companies thought they had a good deal (what was it, $4 and $7.50?) and the stock continued up. Other big guys bought some too. But no one thought about the flip side of the coin. These companies owning so much stock made us vulnerable. If/when they lost faith in ADXS they could always sell. And with them owning so many shares, their selling is wiping out this stock and severely damaging the company. What's the answer> I don't know. To me I guess the best thing is for some breaking good news on trial results that restore faith in our product. Couldn't hurt, but probably not likely.
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