Delcath Systems Inc (DCTH)

[Dondoncoyote]

Au Contraire, that was specifically designed for the new partner, ATNX? They priced it at 4 cents, and then has mm's CDEL and NITE hold the price while they finalized the deal. The new buyer required a 50% cushion for the next 12 months, all while knowing when Phase 3 is completed they will realize a 15 to 20 multiple off their original $5 million investment. And the kicker is they hold the warrants, exercisable in 12 months, allowing them to take additional control at a ridiculously low buy-in price.

It's like an episode of CNBC's Shark Tank where Kevin O'Leary says to the entrepreneur, "Do you want 100% of a $50,000 company, or 40% of a $50 million dollar company? DCTH management is taking the money from the shark ATNX?

Holding and happy from this point on.