InvestorsHub Logo
icon url

Spywest

01/24/17 11:45 AM

#61728 RE: rball #61727

Dilution - No one is holding the price down. Chardan Capital has the right to sell up to $50,000,000 dollars worth of the stock "at the market." At .12 cents a share that's approx 416,000,000 additional shares that could be sold. Considering the avg volume on any given day is 2 - 3,000,000 shares...(do the math) Chardan Capital would have to slowly sell for a long time or it will crater the share price. I can't imagine them selling that many shares, but they have the right to...
icon url

efood125

01/24/17 11:47 AM

#61729 RE: rball #61727

We don't know who is behind this group of mms holding down the pps...they seem to all work together to form a wall when .12 is threatened...then fight off buyers and push it down again...anyone not seeing this is not paying attention...my guess is a big pharma is interested and wants pps low so as to be in a better bargaining position for a buyout...this is my opinion and I am sure everyone else has their own opinion on this....
icon url

Greennewlife

01/24/17 11:50 AM

#61731 RE: rball #61727

My small imagination tells me that there is a deal with big pharma already happening and one of the conditions is to avoid buying frenzy until after buy out or partial buy out.
I vote for a partial buy out so that PPS sky rockets higher once news is released. I DONT THINK THAT THEY WANT TO HOLD A PRIVATE CONFERENCE CALL WITH US just to tell us that everything is going well and they have clear path towards trial.
THEY HAVE ALREADY HINTED THAT... But hey don't take my word. This is just my imagination...