Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

If they had decent news coming 2H they could have waited instead of chasing this to zero

That's also my take on the current state of the affairs. The company (i.e. management) extended their existence (i.e. paychecks and benefits) for 6-8 more months, but what's going to happen when that extra runway expires? Another wipeout of the current "new" owners and another reduction in the warrant conversion price? Wash, rinse, repeat? I don't think so. My guess is this company will be taken private within a month or two, then IPO'd in a year or two at much higher prices. Thus, very strange provisions about stealth ownership, and recent enticement about warrant conversion prices. That the new ownership will make tons of money. Wash, rinse, and repeat.