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wedman

12/07/17 9:49 AM

#23547 RE: fly_fisherman #23546

Nice hits on those 7s this am!

gempicker

12/08/17 12:51 PM

#23574 RE: fly_fisherman #23546

Based on history...

I would expect some shareholder letter by EOY..

The first major news has to be some sort of financing, elimination of CDs, otherwise subsequent news would be muted by dilution..

A financing would rocket this and pave to way for expanded efforts in sales channels for pain products as well as prelude to clinicals for their orphan MS drug to begin..

The above combination can take this into pennies...

The alternative is an AS raise and further dilution and watering down of equity. Not sure there would be much dollar volume as interest in a failure typically wanes..

They have to get this right for all parties to succeed, even the noteholders..

But barring any major news, which could be months away, any shareholder letter is not likely to drive much interest. Unless cousin Eddy empties the bank while sipping Eggnog..