Replies to post #76037 on Ayala Pharmaceuticals Inc (ADXS)

[ignatiusrielly35]

There is no compelling reason to not extend the warrants if they are still out of the money come October. I’ve always thought an extension is quite possible, given that condition.

[Bourbon_on_my_cornflakes]

if the scenario you suggest pans out, that would be great way to apologize for the entire lost year of Lombardo.

plus it would get the Company $15m cash without paying $1.5 million of it to an investment banker. Win-win

[ubmmg]

I believe it'd be a mistake to reduce the current exercise price. Extending time to exercise those warrants -- maybe. We need to keep in mind that the warrants are nothing but a dilution as over 3M new stocks would be issued if the all warrants are exercised. Yes, the company gets much needed cash, but it's still a dilution albeit at much higher level than the current share prices.