Little upside potential, given the billions and billions of shares of dilution.
WEHI is probably angry that people keep contacting the transfer agent and reporting on the massive dilution. Pagnano's methods include non-disclosure....completely avoiding updating shareholders on the dilution that is happening. A company like this should be treated with more suspicion that any other company out there.
Pagnano is responsible for completely destroying all shareholder value, multiple times; and is apparently doing it once again as Howard tries to get people to think otherwise.
Just look at each past reverse split (2007&2008). There is a big reason that the company left the authorized shares at 10 billion....so they could dilute even faster to try to raise cash to stay afloat a little longer.
Now they even increased the authrorized shares to 15 billion so they could dilute even more.
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