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Re: None

Wednesday, 02/20/2019 10:44:51 AM

Wednesday, February 20, 2019 10:44:51 AM

Post# of 108192
Someone yesterday said what I think is the mot likely scenario. If we believe they do have term sheets and are setting up for a deal, then I think the logical scenario here is that they will still go through with an RS, release the good news (ie Deal) and then follow up with dilution. That way they will extend the runway for years versus a few more months.

While I hate this scenario as all of us will need whatever multiple to break even, (I would need around $125 a share with a 25 to 1 RS) it is what it is at this point. Hopefully they have a deal coming and decide it is enough and no RS or dilution is used.
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