Genta, Inc (fka GNTAQ)

[fmrick]

But read this:

Two I Note Investors did not exercise their pro rata portion of the Purchase Option in the June 2012 Option Exercise and forfeited their portion of the Purchase Option. As a result, the I Note Investors’ remaining Purchase Option is equal to an aggregate amount of $10.65 million.

and

On June 14, 2012, the Company and certain holders of its existing convertible notes entered into an amendment to the Note Amendment Agreement dated March 30, 2012 and I Notes (the “Note Amendment”) in which the conversion limitation formula set forth in the convertible notes of the Company held by any Non-Participating Investor, including I Notes, shall be revised so as to no longer permit conversions of such notes by any Non-Participating Investor.

So did they just cut out some of the investors? Somebody is going to be really pis.......