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yankeesnyc27

04/06/17 5:36 PM

#10911 RE: lightrock #10910

You haven't scratched the surface :)
Kersten can be replaced for wrong doing.

1 ) An 8K for DeClara , NONE for the FDA halt SPRING 2014.
1A )Was inventiv responsible to the FDA P3 halt??
1 C )Here we are with 3 years of arbitration delays when perhaps that FDA document would have pointed to inventiv?
1 D ) Was the "new" CRO the cause for the FDA P3 Halt ?
1 E ) 880 VS, 784. Doesn't that difference point to 11% of ALL patients , S.O. C. AND MK not surviving at least 6 months ?
1 F ) have ALL 117/125 inventiv patients been eliminated from FDA evaulation ?
1 G ) An arbitration that has gone on for MORE than 1 day per inventiv patient.
1 H ) Why did the inventiv insurance company NOT want to represent & pay Cel-Sci for any "damages"?
1 I ) if Cel-Sci ceases to exist, for example; 1 June 2017, Where would a judgement payment in Cel-Sci's favor go?
1 J ) Would a 1/25 R/S remove so many shareholder that NYSE/mkt delisting is automatic ?

2 ) Last **annual** shareholder was *16* months ago.

3 )The sole purpose of the annual meeting is to vote for the CPA AND everything else is about MANAGEMENT shares and salary.
3 A )Why an annual in 10 months?
3 B ) EVERY 90 days MANAGEMT get "free" shares. The Lower the share price the MORE free shares they get.

4 ) look at the second TEMPORARY 14 A SEC filing . The company has no money, WHY the change of location? Is it FREE ? Is it larger , to accommodate the LARGER shareholders that could force a hostile takeover ?

***5*** ) The POISON PILL ! The DeClara "LOAN" to the company was ACTUALLY the "poison pill" to protect shareholders from a hostile take over , for example ,with $10 M !!!!
5 A ) The DeClara "LOAN" *was* the FIDUCIARY responsibility of his step son , CEO Kerstern, AND it also provided shareholders with the "poison pill".
5 C )Did Kersten CONFISCATE the DeClars LOAN and use it to buy shares for Kersten?
No loan = no poison pill !
5 D ) DeClara held a LIEN on ALL assets , including, cold fill AND ALL PATENTS !!
A HOSTILE takeover would become more difficult with the "poison pill" in place

***6*** ) The "SHAREHOLDER PROTECT PLAN" !!
It is SOOO well hidden who has ever seen it ?
The "plan" has "A" and "B" coupons. it is another way to make a HOSTILE TAKEOVER more difficult & EXPENSIVE and provide some monetary protection for shares holders.
6 A ) EXAMPLE: Assume YOU hold 1,000 shares , With the "A" coupon active you could buy 1,000 shares for 20% of the then current trading price.... .08 X 20% = buy per share @ 1.6 CENTS X 1,000 SHARES = $16 PER 1,000 ... Own 10,000 = $160.,100,000 = $1,600.00
What does that do to you total position ( doubles) size AND COST BASIS !
EXAMPLE, 1) :Hold 10,000 shares @ $2.00 (?) + 10,000 shares @ $160= $20,160 /20,000 shares = $1.01 cost basis ,break even.

EXAMPLE , 2) : Hold 10,000 shares @ .50 + 10,000 shares @ $160= $5,160 / 20000 shares = .26 ,cost basis,break even.

EXAMPLE 3 ) Hold 10,000 shares @ .30 + 10,000 shares @160= $3,160 /20,000 shares = .16 ,cost basis , break even.

Sorry , I'm getting tired & hope I've made no mistakes.

You get the Point SPP is important. "B" coupon is 50% . I assume ,hope that the share price would be high enough to sell the "B" coupons

LATER.... Ask questions