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Re: Biotechtrader07 post# 93281

Friday, 02/22/2019 1:14:23 AM

Friday, February 22, 2019 1:14:23 AM

Post# of 108191
R/S is not only to meet NASDAQ listing requirements, but also to bring down the number outstanding shares, so that ADXS will issue new shares (via secondary offering) to get additional capital for keeping the company alive.
It's mainly the upcoming secondary offerings (or death spiral financings) will cause drop significantly lower after R/S...
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