Delcath Systems Inc (DCTH)

[Bond]

Just a thought since you're curious and asking so many questions, I raised a question WHY do they want 50 million, the information was missing!
I think it's clear why are they are raising, IMO now they will/should be able to convince institutional or retails with this mid 2019 FDA approval story. I will push my December 2018 FDA approval forecast to 6 more months.

I'm still on HOLD mode and more confident but cautions!

They will have to solve remaining worries in next 2 weeks!

forecasting following to happen in next 2 weeks

1) S-1 registration becoming current
2) 10 million $ raising announcement if there is already pledged money and current warrants being cancelled (I personally don't like that deal, that's interest sucking deal on the long run and more dilution) that has to go away in 1 shot!
3) ER with more revenue than last quarter
4) BOD must buy before august 8th as advertised

Good luck!


Bond Tuesday, 07/17/18 02:53:50 AM
Re: Turntheship post# 45334 0
Post #
45344
of 45589
that's a good question, the real question is what made them raise 50 million $ cash out of dried market.
How are they plan to convince retail or even institutional investors to put more money in?
I say some information is missing and it must follow to convince people to put more capital on this.
There is a heavy amount of fear, doubts and anger out there, they have to fix that before asking anymore money from market!