Ayala Pharmaceuticals Inc (ADXS)

[Gantor50]

FBG,

My belief is that DOC's mindset was shaped by a biotech world pre-Fall of 2015, before the Biotech nuclear winter hit.

I also am not sure if DOC was fully aware that the PPS of ADXS was not going to rise no matter what he did when so called supporters of ADXS were likely short against the box and in the process of milking $10's of Millions in easy profits from their coordinated short strategy.

Viewed with benefit of hindsight, one can partly understand DOC's confidence in the platform. But what started as confidence seems to have morphed into overconfidence and instead of making a major pivot in his strategy, it appears DOC doubled down with the go it alone approach.

If ADXS had the $2 Billion DOC really needed to pursue trials across all the different areas he had in process, they might have eventually succeeded on their way to being worth $10B or so.

But ADXS was cash poor, then the Biotech meltdown happened, and DOC never seemed to grasp until it was much too late (if he even understands it now) that his PPS...his only ATM...was in the death grip of hedge funds far more liquid and powerful than ADXS was.