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Re: Chemist823 post# 53581

Saturday, 02/10/2018 4:38:44 PM

Saturday, February 10, 2018 4:38:44 PM

Post# of 108192
A company like this cannot leave itself with zero additional authorized shares. So even if you are correct, they need the authorization to pass. And, yes, it is possible that a deal in principal could be in place contingent on the share authorization. For example, if Amgen wanted to buy a large stake and wanted ADXS to hold on to EU rights until approval.
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