Delcath Systems Inc (DCTH)

[benandemmiboo]

I thought you'd agree with me about the reverse split -- that they absolutely needed it done so that they could stay on NASDAQ, and that it was partly her job to ensure it happened.

Given all the agreements she had with lenders -- forgiveness of certain debts, etc -- it's just baffling that she was able to stay on as leader after failing to push it through.

Right now, I simply think they would have done a financing already if that was the route they were going. I am among the few apparently who really think a buyout/acquisition will happen now. At what price? Much cheaper than most would hope, but at a far better price than May 31, COB.