Delcath Systems Inc (DCTH)

[JHstamwine]

GM all,

Tough day so far but still believing like many of you. All patents are owned and clear, enough cash to run for a bit, major FDA approval on the horizon, a solid BOD, and a decent public offering on the table.
If this was on the verge of BK, the BOD would never have approved Jenny and crew of taking the same salaries now as they have been.
I’ve built and run several businesses and have gone through cash flow challenges - the first thing to go is high exec salaries and those have not been touched here.
For those whose stomach is churning at the pps today (mine included), it’s not a matter of ‘if’ this turns around, just a matter of ‘when’. Our toxic loansharks are just continuing to deplete their shares. I see days like today as an opportunity to buy more and continue to lower my cost basis.
Cheers and GLTA.