Delcath Systems Inc (DCTH)

[andrius]

Company is pretty much broke and bleeding cash. There is no way they are using little cash they have left buying out warrants. For one don't think they even have 6M. It looked like they ended previous agreement with note holder early so they could get access to $ that was freezed up. If they didn't need that $ quickly they wouldn't have amended the agreement. Why give note holder much better terms and allow them to make more money at investors expense? But who knows given that last misleading PR to help out note holder I wouldn't be surprised someone in management is affiliated with them in some capacity.