Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

I believe it'd be a mistake to reduce the current exercise price. Extending time to exercise those warrants -- maybe. We need to keep in mind that the warrants are nothing but a dilution as over 3M new stocks would be issued if the all warrants are exercised. Yes, the company gets much needed cash, but it's still a dilution albeit at much higher level than the current share prices.