Thursday, December 07, 2017 6:00:00 AM
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 a few 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. May-Jun timeframe. Actually,the first day is May 19th that the shareholders can exercise their conversion. They will get the price of the stock at a 50% discount. We would like the stock to be considerably higher prior to that day. Since they also are allowed to use the two lowest trading days from the last 15 trading days prior to conversion, we need to be higher by April 24th.
India may be contingent on whether China is successful. 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. But if India and China are able to come through within the next 4 1/2 months we should be off to the races.
With that being said, the PR from a few days eliminates in most peoples minds that they are going away, so people will buy at less than .10 as a flier. Why not? Not sure why we can't begin moving forward. Tax loss selling will be on us soon also.
Recent GTHP News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:30:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/09/2024 02:35:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 09:33:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 11:17:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 08:50:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 06:15:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 10:13:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 10:12:50 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 09:27:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 09:08:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 06:36:25 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/20/2024 06:42:41 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 06:48:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/08/2023 04:24:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 08:28:52 PM
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