TG Therapeutics Inc (TGTX)

[Ecomike]

My average is about .40 now, I have been trying to add too, but I never get the cheapies.

Lot going on with that annual shareholders meeting for sure, adding 3-4 directors, and many other changes, name change to TG Theraputics.....

I see they are asking for provisions (authorization) for a R/S, but I wonder if they plan to just authorize it but not use it for several years (if needed to jump ship) since all the bulk of the common is currently converted to preferred shares, or if they plan to way lay us later this year after a pump and dump program runs it up over a $1, and clean up the entire stock count before uplisting to AMEX maybe? I was already surprised when they converted 95% of the new shares to preferred shares, and kept the marketable common OS real small!!! I am hanging in for a ride to at least $1, which I still have hopes of seeing. They have 25 million (or nearly that) in fresh cash, so not sure they need to sell any more shares this year. I am wondering if they plan to authorize the R/S and save it as an exit strategy if things go wrong in 1-2 years. If so this is a buy. If they do a R/S weeks after the meeting, we may be screwed!