Replies to post #8023 on GTC Biotherapeutics (fka GTCB)

[croumagnon]

"All in all I still expect pps > $2 by end of this quarter."

That would simply be great! However, can you shed some light as to why you are so optimistic for the near-term when clearly management was not based on their financing at $0.87?

[oldacct]

I was told that they would consider a reverse stock split in order to meet NASDAQ requirements. This probably would be as a last resort.