Manhattan Scientifics Inc (MHTX)

[VerminHex]

The inevitable spiral

The decision to place 100M shares of IBX at .04 has, as expected, driven every IBX share to the same.

IBX PPS .04 X 64M shares that MHTX owns = $2.56M

Divide that by 533M outstanding MHTX shares and you come up with .0048 per share. Less than half a cent, and MHTX is trading nearly four times that.


If you are holding the bag you should thank your lucky stars. It should be a lot lower.