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Re: SKTrader1 post# 95946

Thursday, 03/28/2019 4:17:26 PM

Thursday, March 28, 2019 4:17:26 PM

Post# of 108192
They certainly appear to be orchestrating an illiquid squeeze if good news soon re: data or FDA feedback.

However, the 75M post-split shares available to issue will loom large over anyone looking to enter. The co will be able to reduce the entire current capital structure to roughly 6% of the "new" company should all those shares be issued. No-debt companies financing in this way might as well be a BK to long term holders.

FWIW, still holding underwater. It's a setback but not a catastrophe if my investment continues its apparent path to $0.

Best to you
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