Anavex Life Sciences Corp (AVXL)

[F1ash]

Certainly looks that way.


I’m pretty sure the shares purchased under the LPC ELOC agreement did not show up in daily volume on the day LPC purchased them from Anavex. They would not show up until LPC resold those shares into the market.

I believe under the new Cantor ATM the shares will show up on the day that Anavex requests Cantor to sell shares for Anavex directly to investors on Anavex’s behalf.

To my understanding Cantor is an agent who sells Anavex stock to investors for a commission on the sale without taking possession of the stock and trying to flip it for a profit like LPC did.

A better model imho.