Ealixir Inc (EAXR)

[Nistel]

I think people who thought would get rich instantly overnight, should have thought twice.

You really think a 100Mio company would step in a shell and leave ownership ratios the same as they were? Of course not, that's giving away their company for free. You could only hope to get still a substantial part of the pie in the process where there are still some gains on the table for old shareholders. Shareholder-friendly management would leave some crumbs for old shareholders so they also have some profit from this move. It seems their intention was/is to do so.

Speculation drove this off to a point which had no substance as it seems buyers thought share structure would be the same after the merger, even expecting more. That takes me back to my first sentence in this posting.

What difference would it make to hand over 25 shares BUDT for 25 shares of Ealixir which had a value 1/25 of the $3.25 they were estimated now. People would not get angry over a 'reversed split' and would expect the growth way on longer term. Company is not waiting for that, could take years. This is the quickest solution to overstep that part. Seems they are confident to keep a good share price for any kind of uplisting if it has this requirement.


Edit: But your posting definitely makes sense, I do not disagree on your statements and conclusion. Good posting.