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ignatiusrielly35

09/17/18 12:58 PM

#81576 RE: mortmann #81551

What do you mean by derivatives? Management options? There is no way that they would not adjust the options and the warrants to account for a r/s. Just because one company tried that in the annals of corporate history doesn’t mean that ADXS would try it. There is not even a motive to not adjust the warrants. It would be a huge windfall to the warrant holders, and would be a breach of fiduciary duty, an unnecessary giveaway of shareholder equity.