Replies to post #5361 on LadRx Corp (LADXD)

[wise_investor]

Not surprising how noone seems to be buying into this reverse split nonsense though.

Not to long ago within a few days the stock hit the compliance magic number of $1.

Then all of a sudden the repounded RS news hit.

Someone is making money on the inside.

When an announcement hits that there is a deal brewing just like the nantcell did, the RS idea will vanish.

Wise

[Tekterra]

They won't release anything until RS is settled. Company may look to institutions for voting support. Have Tutes buy in and vote in favor of RS. Of course Tutes would need to be given something in return like warrants or cheap shares.

Without Tutes support, RS is unlikely to pass. They are setting on the good news until RS pass so they can pump. To counter the dilution that still exist with the 18 million warrants.

I don't believe hey have mentioned anything about the existing warrants and what they plan to do with them.

If the 18 million warrants aren't amended it would mean the holders are able to buy shares post RS at 0.50 per share value.

Post RS shares outstanding would likely be reduced by a lot and 18 million warrants means a whole lot compare to now unless they somehow affect the warrants with RS. I'm not currently spending much time here on Cytrx but just keeping an eye on things.