Replies to post #5772 on Pluristem Therapeutics Inc (PSTI)

[Scott999]

But Pluristem was also supposed to receive 30 million from China, which may have satisfied Sosei deal. They're sitting at 33 million as of March 31st. With burn rate of 5.5 mil/quarter and surely going higher, that's around a year of operating money left. Why would they risk $11 million under those circumstances. Having now already done the round of dilution to get by, a second would be devastating.

We will just have to wait and see like always. Management's time frames always seem to be off by a couple of years.

[Melon4head]

Looks like Bi-Polar Blue has turned negative again... A Reverse stock split does NOT have to be done by PSTI as pointed out. The company can keep it below the dollar beyond the window of 6 months if they wish. Granted it will lessen their chances for future PPS growth than if they were to keep it above $1.00, but, a reverse split is not mandatory.

Remember it was $.80 back last year in 2016- and many bought it then- that was a GREAT Buying opportunity. If it gets there again I buy More!!!

There will be NO reverse split- there must be a 28% reduction in price from here, and the price must remain below $1.00 for 6 months after that. Any day the price rises above $1.00 on any day inside that 6 month window, they are back in compliance. Just like last year...