Sorrento Therapeutics Inc (SRNE): That would be true if SCLX was paying ou...

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Re: ChickenHawk0-001avg post# 14367

Friday, 01/20/2023 1:20:01 PM

Friday, January 20, 2023 1:20:01 PM

That would be true if SCLX was paying out a dividend of additional SCLX shares, but that is not the case here. SRNE is distributing ALREADY ISSUED SCLX shares out to shareholders. While this increases the tradable float, it does NOT increase the number of outstanding SCLX shares and therefore is not dilution!

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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