Ayala Pharmaceuticals Inc (ADXS)

[cdiddy01]

Completely, shorts won, ADXS misjudged their ability to raise cash prior to their need to make an offering. I think we're getting lost in the minutiae of all this. I don't agree with your conspiracy that ADXS was in cahoots or did this due to Jefferies floating an idea their way about payments to shorts. The shorts winning wasn't predicated on a deal, its the outcome of ADXS stewardship/failures.

A shorts plan doesn't preclude someone's ability to make a non-dilutive deal or find investment elsewhere, otherwise shorts would always win.