You got it Win. I cannot believe that ANYONE would vote for the merger. A vote for the merger gives up ALL OF YOUR LEVERAGE.
A vote against forces ANI to come back to the table. Believe me, a FREE NASDAQ listing in and of itself is an amazing thing for them to get. Plus, they will get operating capital.
The CVRs need to be renegotiated and the reverse split removed from the deal. The same people who are buying us are also shorting us. They will make money on the way down and then on the way up.
What they are doing is illegal and immoral. If you vote yes out of desperation, then you deserve what you will get (which is BURIED ALIVE).
If you vote no, then the shorts will kill BPAX in the short term, but you will have denied ANI the NASDAQ shell. You will have denied ANI FREE MONEY which is NOT FREE for YOU!
How hard is this to understand? You play chicken now or get tarred and feathered later.
Thank Simes for being an idiot and a sellout.
P>S> We can then file for chapter 7 liquidation of assets and force BPAX to sell Libigel to the highest bidder and take that 30 million for ourselves. It might only be 1.50- 2.00 share, but infinitely preferable to being reverse split/shorted, and only THEN allowed to rise. How long will it take at that point to recoup your investment?
All my personal opinion. NOT investment advice. Yadda yadda yadda.
