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Re: freethemice post# 105700

Sunday, 12/30/2012 6:18:17 PM

Sunday, December 30, 2012 6:18:17 PM

Post# of 346721
ftm,

I agree. If they know that near term events are going to be bad they could just wait until April to get their options at 50 cents a share. Also, how will it look if the 2nd-line NSCLC investigation returns bad results and these options are being awarded based on their efforts to resolve that issue.

I don't know why they issued the $75 million shelf but I don't consider it a new near term source of dilution. They already have $150 million to burn before they would need to touch these new funds.

All IMO,

mojo
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