Pluristem Therapeutics Inc (PSTI)

[Scott999]

Hey I showed everyone their financial situation long ago. When a ceo releases a statement and includes “other resourses” to try and boost the numbers, something wrong. There was absolutely no way they could have made it to 2020 without putting the contingency plan into place. They probably would have had to enact it this quarter if it weren’t for the raise. And the gross of $20 mil (not $29 mil) before expenses, is not buying them that much time at all. Their burn rate is sitting at what, $8-$9 mil per quarter. Absolute jokes these goons. And then try to authorize another 100 million shares. Zero scruples for these idiots. And anyone who believes in that’s clowns are nothing but complete morons, with no offence meant to morons.

Truly I don’t see anything coming out near to mid term that will do anything for the price. Wouldn’t have done the raise or insiders would not have purchased.

And with regards to r/s, it’s truly seeming inevitable now. Funny how all the stalwarts are even conceding the possibility. Maybe it’s the companies way of putting it out there. And then there’s this. What other options realistically do they have.

“The Company intends to monitor the closing bid price of its common stock between now and October 8, 2019 and will consider available options to resolve the Company’s noncompliance with the minimum bid price requirement as may be necessary.”

https://www.sec.gov/Archives/edgar/data/1158780/000117891319001141/zk1922924.htm