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Wednesday, April 03, 2019 8:54:39 AM
I hit the OFFER PRICING NAIL ON THE HEAD....I stated $3.75 to $4.00 in my prior post....but I was sure they'd go for $20 mil offering and net mayber about $18 mil....
A DESPERATION GARBAGE GRADE OFFERING FOR A LOUSY $10 MIL (a lousy 4 months or so of survival operating cash..LMAO..for 50% dilution...WTF Kenny boy) SAYS THIS POS IS ON LIFE SUPPORT and in the CRITICAL CARE UNIT LOL......
That piddly $10 mil number of which ADXS will probably net a real $8 or $8.5 million or so says EVEN THE DIRTIEST OF HEDGE FUNDS won't run a shelf for this POS....even if Kenny gave um the world such as 12 ma MILLION FREE WARRANTS turned like magic pixie dust into 100% FREE TRADING SHARES.....
Their only next option below this gutter financing is TOXIC CONVERTIBLE DEBT which wouldn't surprise me if that's the "next round" they use in the next dilutive offering which will be before end of 2019....
THIS POS IS GOING TO GET BURIED LIKE A CORPSE PRICE-WISE AS THE DILUTION SHARES GET COMBO DUMPED/SHORTED by the HEDGE FUND BOYS....watch....
BUT DO NOT WORRY....and DO NOT FRET.....
Kenny "THE UNDERTAKER" Burner and his NJ "C" suite boys club singers are SNUG AS A BUG and their $500K annual salaries AND cash bonuses are rock solid guaranteed to flow like free drinks on a tab....
AND.... and the ADXS HAPPY BOTTOM RIDING CLUB BAR AND GRILL AND COUNTRY CLUB will remain open for biz and more bottom slapping good times....
So....all is right IN KENNY'S WORLD...at the BEST PLACE TO WORK A LITTLE and HAVE GOOD TIMES IN NJ....
Kenny is FAT AND HAPPY in NJ... as are his side-kicks....AND THAT IS ALL THE MATTERS...LOL !
Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.
Recent ADXS News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:13:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:30:45 PM
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