Replies to post #39326 on Delcath Systems Inc (DCTH)

[Turntheship]

Leos bringing his A game tonite though i think his prediction of No will be wrong.Leo was vote midnite last night or 4 or 5pm edt today?as u said need affirmitive votes so my not opening my ballot did not help the crooks.

[ddaurelio]

@Leo - I tend to agree with your prediction. From my perspective, there are a few observations that have lead me to think that the vote was a NO.

1. Voting ended at the scheduled time. I think if they had enough votes prior to the deadline, they would have issued a PR stating that they had enough Yes votes to pass the measure(s).

2. No announcement of an extension to the solicitation period

3. They would likely have known the outcome well before COB today, because most votes were probably cast online, and any mail-in votes would likely have been tallied as received.

Assuming they knew, why would they not issue a PR today with the results? My guess is that the vote was NO and they need the weekend to huddle with their attorneys to devise some kind of strategy on how to overturn the results.

Obviously, this is all speculation, but what the heck, it's Friday night and we might as well dream up scenarios for what happens this week.