Ayala Pharmaceuticals Inc (ADXS)

[cdiddy01]

I think it is pretty clear that the financiers of the latest offering did not loose money or lack understanding.

From their negotiations they knew what management was offering and the discount they would get. Short it from the mid-$1 range and you are guaranteed a nice payout by the time they closed the offering at 70 cents. Controlling interest in the company and a payday all on the backs of LTSHs

Exactly! It was a completely bungled offering and went through out of desperation. The shorting started in the $2's as well. The financiers did just fine and the buyers got controlling interest of the company for next to nothing. They have free warrants and prefunded warrants to take over whenever they want. We all got forked by Advaxis. Why they didn't pull the offering after the stock cratered and warrants were added was the worst possible sign for all existing shareholders.

The ho-hum PR was also horribly timed to take advantage of any bump for the offering.