Replies to post #100938 on Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

This is all about extending the company's longevity for NEO results.

The NEO results are coming soon -- I expect the data released and presented at ASCO-2023 if not ASCO-2022.

[thewellnessway]

So how would anyone that is putting up money to extend the runway for ADXS - make money?

Well here is one: ADXS has obviously been looking for $$$ for quite some time. As they shake the trees and get few takers they come across some (additional) toxic financing. Back when the SP was north of $1.50 they start to discuss the basement pricing of .70 cents. The financier easily shorts from these higher levels knowing they will close out the position when news surfaces of the bargain basement pricing. They have already made their money by the time they close the offering. Warrants are a nice kicker to sweeten the deal.

[HereToFightScams]

Per your inbox did they mention that the shareholders before the offering are now essentially wiped out? And did they mention why they thought it was OK to steal those shareholders equity in order to protect their salaries and to line the pockets of the toxic investors?