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Gantor50

02/14/18 11:58 AM

#54333 RE: mortmann #54321

But does your position have to be mutually exclusive?

I actually agree with you that the hill ahead is too big for ADXS to climb. I don't believe they will ever achieve what is possible with LM science because they are too small, too poor, and have no powerful friends willing to help and protect them. This company should be sold before they create a spaghetti bowl of licensing deals that create confusion and dilute the overall enterprise value just to collect dimes on the dollar today to remain independent. I'd rather issue another 20 Million shares tomorrow than do that.

But does that automatically mean one votes NO on the share authorization? What if those shares are part of the bridge needed to get the company to a sale?

I totally respect the principle behind the position to vote NO on the share authorization. However, even though I know they may hose investors again, I believe that reality and pragmatism demand a YES vote on the share authorization under these circumstances.

Beware a Pyrrhic victory.