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Post# of 58465
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GoodDecision

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GoodDecision

Re: bladetrader post# 47536

Tuesday, 11/09/2010 6:49:15 AM

Tuesday, November 09, 2010 6:49:15 AM

Post# of 58465
Why would you think that Genta wants to stabilize the share price when they multiply the number of authorized shared by factor over 15 - from 6 billion to 100 billion. How could that contribute to a more stabile share value?!

Its all about being able to cover old notes holders and enable Genta to get new financing in the near future without having to set up another share holder meeting.

This will drive the share price to sub-penny-level for sure and then the pumping will be much easier - and therefore more margin for the dumpers... But I dont want to be too negative, sub-penny and more pumping will be also good for us, if one plays it right next year....and they better have a good tesetaxel story on the line to do so...


Regards
GD
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