Protagenic Therapeutics Inc. (PTIX): I need to play Devil's Advocate for a mi...

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Protagenic Therapeutics Inc. (PTIX)

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Sunday, 04/01/2012 12:23:00 AM

Sunday, April 01, 2012 12:23:00 AM

I need to play Devil's Advocate for a minute here because there's something that I don't understand and I hope one of y'all can clarify it for me.

If ATRN had a buyer/deal finalized late last year, and if they're worth anywhere from $50-$150 million, and if they only owed BD about $6 million, then why wouldn't the buyer just pay off the BD debt instead of letting ATRN issue them all those shares?

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Recent PTIX News

Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 07:29:52 PM
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Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/02/2023 08:29:05 PM
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