I have found it Very Intersting.....
In Pluristem's last few filings.
Generally, you do not award 2 mill shares each to directors unless they have accomplished something.
The announcement of the break-off of the arrangement with China should, as the FDA intimated earlier possibly be looked at as a plus.
The subsequent commencement of shares for sale to the public should not be seen as dilution per se. We are gearing up for something big and PSTI want to do it without a partner, merger or buyout, as has been their modus operandi for a long time.
Therefore they need funds.
The news of the fall-through with China should have hit the pps hard but it didn't, in fact the price rose. The terms of the shares awarded are sequenced over 4 years! Not a company that are worrying about where is money going to come, rather one that is gearing up for something big.
Those awards are for something, the size of them are for something big achieved. Word has gone out in Israel with whispers about what it is hence the rise on the TASE and the US.
Wait! All will soon be revealed.
GO $PSTI
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