Ayala Pharmaceuticals Inc (ADXS)

[cdiddy01]

I think Tony tried to monetize (in good faith) and got shutdown. Now he's trying to keep the ship afloat and doesn't see a turnaround happening soon enough to wait on the issuance. If these shares are destined for shorts, why were so many investment groups like Bank of Montreal, Jefferies, D E Shaw etc able to take substantial positions recently at these prices? I can't believe there aren't shares out there to be had. Tony tapping the ATM didn't help the suppression either, but to then follow that up with a public issuance today makes ZERO sense. It's like they're trying to destroy their own share price.