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Re: manibiotech post# 258642

Tuesday, 01/07/2020 11:23:51 AM

Tuesday, January 07, 2020 11:23:51 AM

Post# of 700263
mani, has it occurred to you that the investors who participated in the financing last week were not small minded, short-term investors who were looking to scalp a penny or two, but were instead long-term supporters of the company who were interested in continuing to fund the company to see a much larger payoff down the road, as well as extending their warrants that might otherwise expire?

The company cannot and does not give reassurances, and if you had read the prospectus, you would know that investors are actually warned of the “high degree of risks” involved in the investment. And I would add that if the 12.5 million shares were bought on the open market, it would not have the dilutive affect that may have caused the decline, and the buying pressure of that many shares would instead likely increase the share price in the short term.
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