BUT the issue is the current pps is .01 and a 1:200 R/S will give the expected $2.00 new floor.
I have asked TJ how long that floor is in place and if he is trying to negotiate to keep it in place longer? No reply from TJ.
At issue is the current note holders, and current management get rewarded more when the pps goes down. Note holders get more shares ( at their discounted price) to turn around and sell, And many current managers gets paid in more shares as pps drops.
Has anyone heard of any updated study results? Are they even currently doing any phase 1,2 studies or to cash strapped. I have not heard of one positive study results in many months which makes me thing they have been put on hold.