Ayala Pharmaceuticals Inc (ADXS)

[Donjayouworry]

Proxy Thoughts:

Every single Proxy shareholders have received since 2013 when an increase in authorized shares is put to a vote leads this board (Y! MB before this one) to:
1) Throw around Hostile Takeover rumors and the need to support the Poison Pill.
2) Suspect that authorization of shares will lead to an immediate equity raise for all of the newly authorized shares at way too low of a price to be acceptable to current shareholders

Neither has happened in the past.
Approve the Increase of Shares (companies need to raise capital, not be starved by the shareholders.)
If you don't trust management to do the right thing when the actual raise happens you should sell now.