couple flaws, in this post, I want to try and clarify. If i am wrong please correct me.
I also agree a 1/10 would be the best. but after reading the financing again, I think they allowed the 2008 noteholders out of there contract because they need there votes to do a 100/1. Reason I feel that way is once those noteholders will all vote for R/S and 2 because they need to release more shares after the R/S to get the other 6mill in financing. So a 100/1 brings it to 60 mill, then they will relase approx 150-500 mill shares depending on the share price split. But that won't completely tank it as people think.
Everyone seems to be talking about buying back after the R/S but the amount of shares they release might get sucked up in litterally 1 or 2 days. We are the talk of the cheap bio stocks. And IMO EURO approval is right around the corner.
I see depending what they know behind closed doors, either a 10/1 thru 100/1. I t will all depend on what news comes next. If we get huge news the R/S price will be much higher resulting in less dillution. It's gonna be alot of fun these next 3 weeks
