InvestorsHub Logo
Followers 29
Posts 940
Boards Moderated 0
Alias Born 03/10/2014

Re: SAMNOTSAMUEL post# 29389

Friday, 01/05/2018 5:04:37 PM

Friday, January 05, 2018 5:04:37 PM

Post# of 50154
Had the BO been publicized, the Note Holders would have asked for much more than the low priced warrants if a Cash Offer were to be presented. Having controlling interest over the Company's Patents is Huge! I am uncertain how/why the BOD ever let this happen, but it was a terrible mistake. I am surprised that they were to relinquish control with only 123M shares and warrants. The fact that they have shares now and warrants to purchase more shares keeps them fairly in the game when it comes to a possible BO too; because all warrants will have to be honored at the same per share price for a buy out. Either way, they stand to make millions should this make it all the way to FDA approval, or even if an offer comes in with positive Phase 3 data.
Win/Win in my book, but I for one am very glad that they took the offer and are not in control of the company's destiny anymore.
Best of Luck Sam!
IMHO

In My Own Personal Opinion Of Course!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DCTH News