Replies to post #20596 on Ayala Pharmaceuticals Inc (ADXS)

[huskercatman123]

Brother, here is my drunk arse validation:

Sorry I may have been wasted and did not understand the meaning of "Adage did not participate in it so their cost basis is higher than the $12 price paid by investors that participate in all the offerings."

3.9 million @ $4.25
3.1 million @ $7.50
300,000 @ $14.2
500,000 @ 19

Might be missing something here, but rough estimate of their cost basis is under $7? So they are 1/2 of my cost basis: but hey, I am just a cook in a mental hospital with no financial training:

http://ir.advaxis.com/press-releases/detail/1044/advaxis-completes-23-million-financing


https://www.thestreet.com/story/13139434/1/advaxis-receives-vote-of-confidence-from-hedge-fund-adage-capital.html

http://www.biospace.com/news_story.aspx?StoryID=358984

http://ir.advaxis.com/all-sec-filings/content/0000902664-15-003490/form4.html