Delcath Systems Inc (DCTH)

[cvinvestor]

Expecting that the worst is over with 8K release today. I had expected potentially a few more days to clear the Notes, but obviously, the agreement and expectation was to clear out all those shares asap. Therefore, even with the up to 250M more shares to be sold, the pressure of the note holders selling what they got is over.

And those buying new shares or warrants from the new registration are only institutional investors who I wouldn't expect to be buying them to turn around and sell immediately, so the methodical selling we've seen recently would seem to be over for a period of time.

We may not sell the entire amount of securities offered pursuant to this prospectus. There is no minimum amount of proceeds that is a condition to closing of this offering.

This offering is being made in the United States only to investors which qualify as “institutional investors” under the state securities laws and regulations of their state of domicile. The public offering prices set forth on the cover page of this prospectus have been determined based upon arm’s-length negotiations between the purchasers and us

Has been very interesting few weeks with first, the weekly 8K telling us about OS shares, then the 8K about the satisfying of noteholders, followed by the surprise announcement of new shares and warrants all packed into a tight window. Finish that with today's 8K telling us immediately when debt and IP has been cleared and it seems to me this is all leading up to something very significant over the next month. News that may quickly reverse the PPS.

For now, the only selling pressure will be from those buying in .02s and .03s who want to flip for % profits. As those get cleared out, as many did with today's quick 7M purchases in 30min, I am very optimistic we continue to move up.

In fact, the line stating that the price per share has been determined based on negotiations between purchasers and DCTH to me mean they already have people lined up for a significant portion of those new shares which to me means the .03-.04 range is going to be a very strong base with no additional selling pressure from the newly released shares.

When you look at the price chart summary and that after RS(s), the 2015 PPS was the equivalent of over $8,000/shares (sorry for those guys) and in two years we are at .03 PPS, but now with no debt, no liens and cash on hand with 3rd Phase trial going well, this is best opportunity to buy if DCTH ends up succeeding.