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Re: navycmdr post# 27890

Saturday, 06/06/2009 10:48:36 AM

Saturday, June 06, 2009 10:48:36 AM

Post# of 58465
As we all know, Genta needs to have a R/S to move foward. I believe at this point it's all about the PPS at the time of the split. Let's say we receive no news, or mediocre PR's up until the shareholders meeting. This stock will probably drift back down to the .00's. And then after the split occurs, this will see a massive selloff. (IMO) I doubt this would be what noteholders/GNTA Management would want. Moreover, if this drift's back down to the .00 levels(before the split), most shareholder's will stick to their guns and would give a "NO" vote. This is why I believe the shareholders meeting was pushed back, to give more time for Significant news (Partnering/financing deal/buyout offers) to push this PPS above .1 before the split occurs, making investors profits, and encouraging a lot more to say yes to the split. I think this goes back to basic principles, "You give, and you get."

Opinions encouraged. Thanks.
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