Replies to post #93281 on Ayala Pharmaceuticals Inc (fka ADXS)

[ignatiusrielly35]

You just contradicted yourself. I’m not trying to bust your chops, seriously. You are just not understanding the proportionality of a reverse split.

[iDeVos]

R/S is not only to meet NASDAQ listing requirements, but also to bring down the number outstanding shares, so that ADXS will issue new shares (via secondary offering) to get additional capital for keeping the company alive.
It's mainly the upcoming secondary offerings (or death spiral financings) will cause drop significantly lower after R/S...