Replies to post #96768 on Ayala Pharmaceuticals Inc (fka ADXS)

[Bourbon_on_my_cornflakes]

My point is, why would they bother raising only enough to fund another three months of operations, unless they view it as a temporary stop gap measure?

Just wanted to repost this "wisdom" so people don't forget it.

As if the amount raised is up to the borrower, not the lender.

Like the fox and the scorpion tale:

Undertakers do what undertakers do.

[itk331]

if the executives of Advaxis is not %100 blinded with greed and/or did NOT loose their senses, they know for a fact this desperate dilution move was their last straw for any remaining LTSH's 'trust' issues. so they may have acted accordingly to show LTSHs that they realize this is their last chance to start building trust, and that's why the $10Mil (minimal) raise, out of good faith. knowing they could've done a lot worse and totally loose the trust.. if things go as they planned and NEO or HOT brings some partnership $$, along with great clinial trial results, add the FDA hold lift news for AXAL and possible partnership $$ from that, the concerned LTSH may start seeing light at the end of the once called 'never-ending tunnel'.. impossible?