Hi Sheff, I have a question about CTIC. They have plans to double their shares in February. Wouldn't that dilute their share value? Thanks.
BRIEF-Cell Therapeutics sets Feb 6 meeting on plan to double number of common shares
6:01 p.m. 01/02/2009 Provided By AFX Asia Financial News
WASHINGTON, Jan 2 (Reuters) - Cell Therapeutics Inc (CTIC) in a filing with the U.S. Securities and Exchange Commission:
* Says sets Feb 6 shareholder meeting on company's plan to double to 800
million the number of its authorized shares of common stock.
(Washington desk for company news; +1 202 898 8400, washington.newsroom@reuters .com)
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