Genta, Inc (fka GNTAQ)

[loveismyreligion]

$37,400,000 market capitalization (value)...WOW!!!
As of May 8, 2009, the registrant had 3,355,551,122 shares of common stock outstanding.
3.4 BILLION shares outstanding x 0.011 per share last trade = a ridiculously high market value for the company at $37.4 MILLION
when they have financing (a rape of common shareholders) in place of another 3.9 BILLION shares conversion and a reverse split coming or face bankruptcy because they would have no cash to pay their expensive medical doctors and researchers.

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=GNTA#getFilings

The stockholders deficit is $10,585,000 ($10.6 million) WOW!!!

Total liabilities are: 17,700,000 (17.7 million)!

WOW! Are naive novice speculators buying this trying to make a killing? Who is buying when shares outstanding has more than tripled in dilution of shareholders assets.

This is an all or nothing speculation on a drug that may never get approved...wow!

WOW...are you guys in for a ride...a bloodbath more than likely...I see this going to 0.0020 or less very soon...
moths to a flame get burned...I have been one in my past with these get rich schemes...

Where is the link to the SEC documents about the additional shares issued???? The additional 2.4 BILLION more than was stated only a few months ago.