There's plenty of time to buy shares here. If a reasonable PR pushes this to .20 and the DD looks good at that time, you'd still be ahead of the 100's of posts that, over time, crowed, "better get them now or you'll be left behind".
Let's get serious folks: the fantasy of a huge buyout or JV by J&J, ISRG, etc has rightfully died down here as the actual scale of management's forward looking plans have been made public. It was always a pipe dream anyway, the spurious talk of $$25 million for a single unit of LTC and other such pig knucklery.
Management sold 25 million shares for a pittance of what the PPS once was. Maybe they'll clear $$2 million for that high % of dilution. Do the math: pay off La Jolla, pay the officers and directors, pay the day to day costs to run a biz....how much do think will be left from the 25 million share pie?
Or maybe 25 million shares gets you very little cash and the promise of some management company to make good while they hold shares that are already in the money. Oh, that's right, we know nothing about the share offering-price, who gets the shares, selling restrictions, what the money will actually be used for- and would have no insight whatsoever if a poster from this board hadn't called the TA.
LOL, If I had 100 shares for every time someone said, better get'em now while you can at the current low price I could retire...even at the current paltry PPS.
