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Re: Battle Ready post# 21220

Thursday, 01/19/2023 8:58:53 AM

Thursday, January 19, 2023 8:58:53 AM

Post# of 21531
No idea but he was one of our biggest holders, had his shares reverse split, and has lost his tail on this one. You can't expect people to pay the equivalent of $40 per share factoring in the split, sell at 1.20 or lower (if you believe he's part of the convertible and held through December 20 just so he could vote) and then maintain the PE folks are ringing the cash register here. The original PE folks have been split twice if you can imagine what those shares cost and then for some reason we think think they could never sell the shares but warrants now in hundreds of dollars and never exercised were "unfair" sweeteners. No doubt these guys influenced share price to get as many shares as they could for their investment and will do so again. That's why this is an unsound investment until they can prove out bryostatin for an indication. Just bizarre to me to think somehow they are making fortune off this one but that's JMHO. I voted NO because I haven't heard a clear path forward and last time they screwed the pooch with extra money.
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