Ayala Pharmaceuticals Inc (ADXS)

[ignatiusrielly35]

cdiddy, I'm just not sure how you do a hybrid strategy. If you are trying to monetize without dilution then you do it until it either happens or it doesn't. I don't see how you can mitigate the chance that it may not work out. Although that may very well be what they ultimately did. Offer shares while continuing to negotiate. If your point is that they should have offered some shares during the beginning of the negotiation process as a hedge, maybe you are right, maybe not. Not enough information. But I can tell you one thing, the people here would have been up in arms about that despite what they say now in hindsight.