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Re: Easymoneyman00 post# 56288

Thursday, 02/22/2018 8:40:46 PM

Thursday, February 22, 2018 8:40:46 PM

Post# of 108192
I agree this was a last resort. My issue is it looks like they gambled. They were probably so sure they would strike a deal and dilution wouldn't be needed. In retrospect they should have diluted 3m shares at $8 while negotiations were taken place. That would have been a good hedge. Now they are desperate.

I also was of the mindset that dropping below $5 was factoring in the inevitable of dilution.

What would happen to share price if AXAL is denied by the EMA?

What a mess. I haven't been able to comprehend how bad my situation is. For all those you believe in our Lord, please include me in your prayers. Thank you.

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