Ayala Pharmaceuticals Inc (ADXS)

[Gantor50]

Yep, you understand the scenarios I am running thru. Another one I was focusing on, let's call it (4) Adage has positioned themselves for a direct placement at an even lower buy-in than they got in December 2014.

It just doesn't make sense to me how a company like Adage could continue to hold 4M shares with a BOD that has demonstrated a 10+ year track record of failure and not take an activist position and replace any of them and have a CEO installed they approve of?

Certainly Adage is getting access to inside info we are not? Why would Adage continue to sit by and let the PPS slide into oblivion if there was no turn in sight?

Adage has to be getting something out of this? I'm just waiting to see if and when that something gets revealed.