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learningcurve2020

07/30/22 9:13 AM

#499415 RE: The Danish Dude #499401

The shares are likely just for show to keep retail invested, and for management to maintain power. They make good cash in other ways. I'm sure the shares can be used as collateral for something..Loans and what not.

You'll notice nobody ever leaves this BOD...Probably until death. Only Cofer was allowed in and that's only because there was a retired FBI guy snooping around. Now Cofer is on the life plan too. Even he as an Independent director doesn't insist on quarterly conference calls for poor shareholders. And he allows Powers and Advent to go on doing their thing.

And don't forget, if there's ever a reverse merge into something solid those shares will be transferred, so there's potential value there too.

extrooper

07/30/22 9:51 AM

#499419 RE: The Danish Dude #499401

Thank you Danish Dude for another 100% accurate posting perfectly reflecting my views.

HyGro

07/30/22 12:57 PM

#499449 RE: The Danish Dude #499401

Even worse, LP has 139 million share and share equivalents (options, warrants). She has a significant vested interest in success which is why the failed original trial is not a manipulated trial with new protocol, primary endpoint, comparator and SAP. Even added a recurrent GBM arm that was NOT part of the original trial protocol,

She's desperate to salvage the trial to save her net worth. But you notice that many shareholders didn't buy it as share price, down >50% in 52 weeks AFTER the TLD data was released. If she started selling shares, it is likely many other shareholders would head for the exits too.

But the next round of financing should be very interesting as they are down to vulture funding or dilution. Another zombie biotech.