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MasterSalix

06/01/14 10:09 AM

#3462 RE: Bio7mm #3461

It all depends where they place the $20M. If they are able to only dilute 20M - 30M we shouldn't ( with anything below 40M outstanding - with $.50 p/s in cash alone we should bounce back over $2.00). That said, if they need to issue 50M or something for that $20M that would give us like 65M outstanding, putting a fair price around $1.00 - $1.50 IMHO at this particular point in time without further trial news. However, unlike dakota, I see no senario where we dip lower than that LT. I think that even if they need to issue shares at $.50 -$.30 per and we end up with 70M outstanding or such, with $20M in the bank - we should be over $1.00. I think folks would be wise to accumulate as we dip lower on the unknown as the reality will see us rise nicely. Now, we COULD dip below $1.00 on fear before they announce the news re dilution, but I will surely be loading large if that happens because I do not believe such a discount will remain once the numbers are in.