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Tuesday, 08/22/2023 12:12:48 PM

Tuesday, August 22, 2023 12:12:48 PM

Post# of 21521
Josh Silverman is SHAMELESS!!! This is singularly the most callous and abusive disregard for common shareholder interest that I've ever seen with a publicly traded company! The greed knows no bounds of decency, we are watching an outright theft of common shareholder value and transfer to the private equity insiders.

They control the share price and always have. The current cash in the company is not theirs. They send Alkon out to express the exciting promise of Bryostatin-1, only to bring in public money and give them a chance to sell their shares (all of which were matched with warrants) at a profit. They manipulate the price back down and do the whole thing again, rinse and repeat multiple times...

It's quite a scheme! That preferred convertible deal is a wicked overreach and displays a shameless and contemptuous view toward the common shareholders, whose purchase of shares on the NASDAQ market based upon the promise of the drug and trust in Alkon, sets them up as the patsy to be taken advantage of and stolen from...

Both the SEC and NASDAQ need to get inside of this ASAP and hold these criminals accountable!!!
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