Synaptogenix Inc (SNPX)

[Cyosol]

I disagree. Those $40 million will be gone before they can announce new results and the preferred shareholders will be underwater too because from what I can tell the common shares would be issued at a conversion price of $1.55 at these prices.

That's a 35% loss at current prices if you own convertibles, and the warrants are worthless too unless the stock price increases by 775% within 5 years.