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TheRealMrPirate

07/18/24 4:01 PM

#145920 RE: fireballka7 #145919

They're not getting their money back. I guess that's what is meant by "subject to market forces".
You take the gamble, sometimes it works out and sometimes it does not.
In case you forgot why the former company filed Chapter 11 bankruptcy in the first place back in May 2018'.
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Real McCoy

07/18/24 4:13 PM

#145921 RE: fireballka7 #145919

Literally just rejecting the obvious truth reported 6 years ago.
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trader59

07/18/24 4:27 PM

#145922 RE: fireballka7 #145919

They made a profit, actually...

From the annual report on that offering:

The final pricing of the Offering was $0.05346....


https://www.sec.gov/Archives/edgar/data/1534287/000156459018007185/bioa-10k_20171231.htm page 4

The PPS was above that until the middle of February...

https://walletinvestor.com/stock-forecast/bioa-stock-history
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User-656209

07/19/24 8:43 AM

#145923 RE: fireballka7 #145919

Law suit coming....