LadRx Corp (LADXD)

[knoxlube]

Where did Eric get his MBA? Surely he knows the difference between dilutive and non-dilutive financing. Next thing you know he'll have to have his own bodyguards. LOL!

But here's my take on the matter. Eric knew those remaining common shares that SK had available were already packaged and on the Shelf ready to be delivered out the door! SK had told EC SH were aware and expected as much, and there were several reasons for doing so which have already been mentioned on the various message boards. I like they were just sitting there n SK owed some favors so he put em to work and make some $$$ at the same time. I'm sure they went to pro-SK holder(s)/voters. Havin extra $$$ in bank is good n SK not least bit concerned about D.O. or market PPS short-term as those SH will be the most rewarded. BUT and THEREFORE, there should be NO FURTHER DILUTIVE FINANCING!

Until/Unless I see a request for an authorized share increase on the proxy for the upcoming shareholders meeting, I'll remain cautiousiy optimistic. IF that happens, it will likely pass, enabling SK/CYTR to start the rinse & repeat, pump & dump cycles and it's deja vu all over again :( For now, I'll take the direct offering as primarily a house cleaning measure.

IMO only. GLTA CYTR SH!