Ayala Pharmaceuticals Inc (ADXS)

[ignatiusrielly35]

Yes, it is. For one thing, if there was an agreement to give away shares for free in exchange for the warrant holders agreeing to additional financing then ADXS would have disclosed that aspect of the agreement in the 8k. If ADXS is questioned why they did this, with no apparent benefit to the company, what would be the response? We did it to get the warrant holders to agree to something that we failed to disclose in the 8k? No. There must be a reason that ADXS did this that does not involve an undisclosed agreement with the warrant holders. In other words, ADXS felt they needed to do this in order to facilitate some deal with parties other than the warrant holders. Now, is the contemplated deal an equity financing or a partnership, buyout, reverse merger or something else? I don't know. Note the language in the 8k that said they did this to facilitate a "collaboration" or financing. I suspect that something is being contemplated other than additional financing by the warrant holders.