InvestorsHub Logo
Followers 7
Posts 985
Boards Moderated 0
Alias Born 11/13/2017

Re: None

Thursday, 11/30/2017 8:32:10 AM

Thursday, November 30, 2017 8:32:10 AM

Post# of 15710
My take:

Doncamel has the most reasonable post. GTHP is using bridge financing to stop the bleed until they get news from China. If they get China approval the stock will be significantly higher which will allow them to dilute.

The PR from two days ago was just to let all the shareholders know that they are still alive and kickin.

Removal of toxic debt was huge. Issuing bridge financing not a big deal because even though they are issuing convertibles... They aren't exercisable for 6 months. Mar-Jun timeframe.

I believe that they expect to hear from China in Jan or Feb. I don't expect to hear a peep from them until that timeframe.

With that being said, the PR from two days eliminates in most peoples minds that they are going away, so people will buy at less than .10 as a flier. Why not?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GTHP News