that is how these toxic death spiral financing structures work
who is invested in the company for $12 million?
certainly not Lincoln, for they will be selling their freely trading SNGX shares as soon as they get them
they will always reap a profit as they are buying them at the LOWEST PRICE
to not understand how this works is just plain silly
don't believe it?
just look at the wave of destruction that Lincoln financed companies has left.
You seriously don't believe what you just wrote there do you? If you do maybe you shouldn't play biotechs because that's just silly what you think is happening with this structured deal. Even if this crazy ass theory of your's was correct, what would they gain by pushing the stock down? The are invested in the company for 12 million! You claim they want to push the price down to keep buying cheaper, yet in doing so they also want to dilute the stock further. Makes absolutely zero sense.