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Re: blueyedcatch post# 66183

Thursday, 04/26/2018 8:16:53 AM

Thursday, April 26, 2018 8:16:53 AM

Post# of 108192
I hope you're right Blue, unfortunately so far the longer we have waiting the more shareholder value has been destroyed. One silver lining behind Berlin's extremely generous option package is motivation to get the stock price up. I believe he received around 750k options and RSUs around 200k. If he sells the company for around $12 that's a $10 million payday for him. I could see that happening within a year. Hopefully he's learned in evaluating the past mis-steps and value eroded at ADXS to see that the more dilutive capital that's been raised has directly correlated to value erosion. If he strikes the right licesning deal (say for HOT similiar to NEO) he won't need to dilute again, then from a buyers' perspective the company looks very attractive with two deals valued up toward $1 billion in futures milestones and royalties. He may view a sale within a year as preferable to kicking the can down the road and risking his options being worth nothing due to the continuing dilution cycle.
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