"in the event of any such exercise, we will receive up to a 50% equity interest in H Pharmaceuticals K/S (formerly Hedrin Pharmaceuticals K/S), a Danish limited partnership, of which we and the selling securityholder are partners, of the 52.38% equity interest which is currently held by the selling securityholder. We also will receive the proceeds of any cash exercise of the warrant. "
This means, I take it that if the Dane partnership wishes to do so, it can swap the remaining partnership that MHAN does not own, for shares of MHAN. The other part would be a warrant to stock cash deal. This is not a dillution, bearish issue, but bullish in my book!
I bought more shares at the low of .045 this morning!!!!! And I will buy more at or below that price!!! I still think this stock should be .15 or more, and what I see so far is small volume sell off due to world markets scare that the bear may be back.
I am staying with my longs, and I am adding on these fire sale prices.
GLTA
Recent TGTX News
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