Ayala Pharmaceuticals Inc (ADXS)

[cdiddy01]

If they had access to reasonably-priced capital they would not have killed it.

Yah, and they could also have kept the 100's of employees with huge titles, increased their manufacturing capacity, and paid for NEO/HOT on their own... That's not the way the market works, nor should it be.

They branched out, overspent, and then banked on a partner for AIM, which failed. It's not very hard to figure this one out. Even Ken said out of the gates that he was going to cancel it without a partner due to poor use/return of capital. They miscalculated the market and probably designed a poor trial after raising 100's of millions because of it. Complete disaster.