Replies to post #28059 on Delcath Systems Inc (DCTH)

[andrius]

Thats a good way of looking at it. OS will be way higher than 100M by the time dilution ends but big positive is $11,000,000 debt will be off the books(which needs $13,000,000 shares worth sold to finish).

News can always trow a curve ball. Could be something good but could also be bad. Never know they could finish this note and decide to raise money again. Its not like these guys are printing profits and are flush with cash.

[H2004]

Would that $.245 per share qualify as a tender offer?

In the event they file Form 15 (terminate the registration of its common stock), it might hint at the possibility that DCTH is going private.

Any thoughts?

Or DCTH is cleaning the "shell" so-to-speak, by clearing up debt in preparation for a reverse merger.

And what about the S-1 filing still sitting out on the periphery of this battlefield?

Again, any thoughts?

Please don't misunderstand, I'm long, very long on DCTH. Rode the reverse split with Rap. But Sam, sweet person, tried to warn us. But when you are "two and wild crazy kind-a-guys," what can you do.

GLTY