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Re: Dragon Lady post# 51379

Sunday, 01/28/2018 1:47:19 AM

Sunday, January 28, 2018 1:47:19 AM

Post# of 108192
Thank you for the advice and thanks to those who showed me where to find info on authorized shares. I did some checking and I found companies had a varied range of outstanding shares compared to authorized shares. In general, the companies I viewed were between 50%-75%. But some were around 90%. Conversely I found some around 20%. So it was all over the place.

I understand how you feel Hornet. It concerns me also that ADXS has had an interim CEO for 7 months who hasn't done much from what I can see. You would think a company which is in dire need of guidance during these critical financial times, whose stock is getting crushed and in need of cash, would have already chosen someone. Yet we don't hear a peep out of them, not even a mention that they're even searching. As for my idea of authorizing more shares, ADXS needs to reveal their plans to raise more cash before I would vote yes. I want to trust them, I really do, but we live in a world where people can get tricky and not everyone is trustworthy. I don't know this guy and I want reassurance. I don't want the company looking at us shareholders as simply moneybags. I want to know they have some realistic partnership on the horizon. But you know, even that isn't a guarantee this ship will sail. There would be a stock pop, but we would/could sink right back down unless these people get on the stick and get this tub moving. Enough with all the delays. My honest opinion is that another well-established BP company could do a better job. Just sell to someone who knows what they're doing. But I seriously doubt they will. They seem to want to stay afloat, and in the process clean out my pockets.
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