GTC Biotherapeutics (fka GTCB)

[DewDiligence]

>In the end, the French will probably buy the company for a song, plus a few golden exec parachutes… And you will still get screwed. Welcome to big business capitalism.<

This is the kind of vacuous rant that made Yahoo famous.

>By the end of this deal, there will be about 90 million shares outstanding.<

Actually, there will be even more than that: #msg-13731209.

> The deal also involves a LOAN of $5M<

Wrong—the loan is $2.6M (not $5M): #msg-13708619.

>…the science is great, but the small guy is paying for it and will never recoup the principal investment.<

What principal investment is this poster referring to? It must be his own. He infers from his own losses that all small investors in GTCB have lost money, which is patently false.

>A poster on the Yahoo board who said it better than I…<

I trust that this is simply modesty on your part because the post in question does not say much of anything, IMO. Regards, Dew