Replies to post #55703 on Ayala Pharmaceuticals Inc (fka ADXS)

[Gantor50]

Okay, not arguing with you, as I am trying to figure out the strategy behind this but can't really see a clear one. Why do an offering now if they intended the 30M shares for more offerings?

Why not just avoid an offering now? Why do it BEFORE the Proxy votes?

[Simple Steve]

Right. In order to understand, you need to be able to put yourself in ADXS management's shoes. From their perspective, they just want to stay in business. And as long as people are investing (actually more like donating) their money to the company, they remain in business. So as long as they're authorized to issue new shares, they can remain in business, indefinitely. From my perspective, as an investor, I expect to see a return on my investment. Obviously no one here has made money with this company this year, last year or for the last 2 years. That should make every investor concerned. Who wants to keep giving them money? As far as I'm concerned, they can go out of business.