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Post# of 108192
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jckrdu

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jckrdu

Re: mm2k post# 51785

Wednesday, 01/31/2018 11:10:10 AM

Wednesday, January 31, 2018 11:10:10 AM

Post# of 108192
Agree. It's always been about their cash position. Until that's resolved, we'll likely stay in the current trading range... $2.75 - $3.25, IMO.

No significant buyers with the cash concerns.
No significant sellers as there is expectation of imminent EU submission with potential partnership announcement.

Net result is we're stuck where we are. I think we see some significant news before proxies are mailed 2/9. I don't think the BOD sends those proxies (loaded guns) without something tangible announced beforehand. The BOD picked the date of the annual meeting and hence picked the 2/9 proxy mailing date for a reason, IMO.

GL all.
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