Delcath Systems Inc (DCTH)

[Looking4BIGcash]

It's time to get past the initial shock and get down to the brass tax.

- approx $2,500,000 currently on hand
- Much less debt (possibly none)
- Soon to have at least another $7.5MM from sale.

STILL Need to see revised burn rate for 2018.

Outstanding Share count: 500,000,000 shares (could be a little less).

After I got over the dilution anxiety... it came together for me.

@ .04: Current Market Cap is only $20,000,000!

This company once had a market cap over $600,000,000, Sam, what was the peak again?

I see this as a last equity offering before FDA approval. Next will be a debt offering on much more favorable terms (using Europe experience to show FDA approval is expected. The old debt had to get cleared (removal of liens on patents, etc) to allow for this.

Market Cap should work it's way up over next 12 months in range of $150,000,000 to $300,000,000 range (possibly even higher; these are my expectations) as FDA approval gets pumped.

Within next 6-10 months, I see company going back to a Senior Exchange which will also drive share price upwards.

with a Market Cap of $200,000,000 on 500,000,000 shares, share price would be $.4. AKA a 10 bagger (much higher after FDA Approval; Over $1 I would think).

Now I feel more comfortable than I did last week and will be adding at these levels.