Delcath Systems Inc (DCTH)

[Dondoncoyote]

DCTH in direct violation of Rule 105

My network provided this synopsis.

Delcath Systems Inc (DCTH) in collusion with Roth Capital Partners LLC, Aryton Capital LLC, and Hudson Bay Capital Management are in direct violation of Rule 105 of Reg M of the Exchange Act which prohibits buying an equity security made available through a public offering, conducted on a firm commitment basis, from an underwriter or broker or dealer participating in the offering after having sold short the same security during the restricted period as defined therein.

Hudson Bay has previously been charged with this violation (ADMINISTRATIVE PROCEEDING File No. 3-15478).

CEO Simpson has participated in this violation by selling warrants, not supported by issued/authorized shares. They are now attempting a change in the Articles of Incorporation and authorized shares and also attempting to force a reverse split.

They have successfully driven out the retail investor and taken over control of the shares without having to pay, as the share value has been driven down 99.97% though their actions, and with the new issuance the remaining retail common shareholders will be driven out completely.

I'm still holding for the fireworks.