Ayala Pharmaceuticals Inc (fka ADXS)

[cab033]

Is that a serious question? They need more shares to raise money, which they are about to desperately need. Its not rocket science. They are still able to issue 20-25M shares as of now, but they want 30M more. So issue 20M now at $3 and still have 30M more to issue later on to fund all the trials. Seems pretty obvious this was needed.

Does this proxy really sound like a company looking to be sold? Of course not. Has it looked like it would be sold before this information? Nope, just hopeful longs looking to bail ASAP.