Sunday, November 21, 2021 11:41:07 AM
OTLK >> A very important clue regarding what is happening.
We knew the company was running out of cash.
We also know that they have a large amount of shelf shares still available.
So why would they take out a non-dilutive loan that carries an interest rate instead of selling the shelf?
The only logical reason would be to preserve current share structure.
I cannot believe for one second that they would do this simply to keep current shareholders happy.
If I were to guess it is because there is a negotiated deal for a buyout based on current share structure.
Speculation, but can anyone think of another reason why they would take that loan instead of selling their shelf?
See more info about OTLK at r/OTLK_Investors
(I saw this opinion on the net)
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