Replies to post #32911 on Delcath Systems Inc (DCTH)

[SAMNOTSAMUEL]

that was legal deceit alright since it was valid to mention 4 cents a tiny bit

[Dondoncoyote]

Au Contraire, that was specifically designed for the new partner, ATNX? They priced it at 4 cents, and then has mm's CDEL and NITE hold the price while they finalized the deal. The new buyer required a 50% cushion for the next 12 months, all while knowing when Phase 3 is completed they will realize a 15 to 20 multiple off their original $5 million investment. And the kicker is they hold the warrants, exercisable in 12 months, allowing them to take additional control at a ridiculously low buy-in price.

It's like an episode of CNBC's Shark Tank where Kevin O'Leary says to the entrepreneur, "Do you want 100% of a $50,000 company, or 40% of a $50 million dollar company? DCTH management is taking the money from the shark ATNX?

Holding and happy from this point on.

[slmlrd]

We all know you ask for much more than you expect to get. They got what they needed and then some. Bottom line is no bk and OS disclosure. The beat goes on.