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Re: PARker1703 post# 14753

Friday, 06/22/2018 5:57:19 PM

Friday, June 22, 2018 5:57:19 PM

Post# of 43784
Sorry to keep you in suspense.

This filing is the SEC required filing becuase over 78 Million warrants were recently converted into 3.2MM shares of stock.

To be clear: Cel Sci receives NO MONEY FROM THE SALE OF STOCK. ONLY ON THE CONVERSION.

Thus, with 25 warrants converting into 1 share of stock at $1.75/ea, Cel-Sci received over $5.5MM. Not chump change.


Ask yourself, after reading the s-1, why did all those people convert warrants and spend over $5.5MM to do so? Look at the list of who converted!

They are people "in the know" and close to the company

Why would they spend $5.5MM only to lose it in a few weeks with bad ARB news? Remember their cost basis is at least $1.75 but likely higher. The costs of 25 warrants PLUS $1.75 to convert.

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