Ayala Pharmaceuticals Inc (ADXS)

[mpreorder]

Some thoughts and a question....

As some have observed, it's almost comical how many on this board, less than a week ago, were stating they were buying more shares, things are finally turning around, etc, etc. Now those same people are saying the sky is falling. Calmer minds are providing some speculation about what it might mean in the grander scheme of things. Much appreciated.

At least 2 posters stated the increase in shares was to reload the "poison pill". That got me thinking.

Suppose for a minute Advaxis is truly headed for great things, but currently find themselves being manipulated at an artificially suppressed share price. From their perspective this doesn't matter, they have the money already to pay the bills and keep the trials going. Construct sales/licenses negotiations are underway, etc. Now it's 2018 and things (bear with me here) are heating up. EU submission is imminent, as are the publication of very favorable trial results. You know the sp will rise at least 3-4x from where you are, perhaps more. You also know that your impending catalysts are going to attract attention, perhaps quite a lot. In your meetings you discuss the possibility of a hostile takeover, and no one in the room likes the idea. So....

I did some VERY cursory research on how a poison pill works. From what I gather, the company writes IN THEIR CHARTER, that if a buyer accumulates x% of the shares, there is an AUTOMATIC dilution that is pre-determined. That dilution goes to current shareholders (i.e. mostly management) making is very unattractive to even attempt a takeover. (Again, this is my understanding, and there are different types of poison pills, flip-in, flip-over, others. It gave me a headache. Feel free to elaborate.)

So my question to the financial types here is "Is the 20M extra shares currently available enough to stop a takeover? Or is more needed?"
Noelle even hinted that this might be the reason, or at least a reason.
And for what it's worth, we should be able to find out the details of this in the charter. I looked for it but couldn't find it. Anyone care to take a crack at it?

Hang in there folks, it's about to get real interesting.....