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Re: None

Friday, 11/03/2006 11:37:47 AM

Friday, November 03, 2006 11:37:47 AM

Post# of 19309
Next round of dilution

I think a discussion about when the next dilution/share offering might be would be of some value here. Past experience has shown that GTCB generally starts going around with the begging bowl before the cupboard hits less than 20 million or so. Therefore, I see it likely that GTCB must raise more cash no later than the second half of 2007. Counting on some meteoric launch of Atryn is not going to pay the bills, IMHO.

This may explain the current weakness (25 percent move down over a month). Typically, this stock has moved pre-news (corruption, leaks) and I'm just ruminating here, but perhaps GTCB is starting the paperwork for another dilution now.

Thoughts welcomed and appreciated.

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