Replies to post #6634 on Soligenix Inc (SNGX)

[236T568]

Please stop your nonsense for Lincoln will never own close to 5% of SNGX shares as they will be selling into the market as quickly as possible for a profit

and why is this?

because this is what toxic funders like Lincoln do

they minimize their risk in SNGX by holding as little as possible

Lincoln will probably only have to finance out of their pocket at most about $1 to $2 million of the $12 million financing because they will be selling their SNGX shares into the market quickly to become liquid for the next tranche of financing...

this is what these guys do

so live with it

Why aren't you figuring in the restrictions? 5% ownership is the max allowed to own, rather they buy and sell the stock, with daily restrictions in place, is up to them and their right!

[236T568]

So, I see that you really don't understand how toxic funding occurs...

the 5% limit on ownership by the toxic funder occurs because the toxic funder has been selling its SNGX stock into the market soon after it is issued the stock by SNGX, diluting current stockholders over and over and over again...

and say, how is that "ramping up of the price" turning out for you?

hint: the stock price is down about 50% since the reverse split

So a company such as SNGX with little to no debt and a great pipeline for many years decided to make a deal with Lincoln that enables them to buy for less and keep selling at a higher price point. Why aren't you figuring in the restrictions? 5% ownership is the max allowed to own, rather they buy and sell the stock, with daily restrictions in place, is up to them and their right! Not understanding how you believe this will dilute the stock anymore than what the initial agreement states! To me this allows Lincoln the benefit of turning a profit at different stages per agreement at the same time limiting the dilution as the price ramps up over time. I would think if anything it's more of a upward spiral.