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Replies to #97344 on Biotech Values
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exwannabe

06/16/10 6:14 PM

#97347 RE: AlpineBV_Miller #97344

Re: Serial dilutars

Numerically, GETA wins hands down. They were so bad that posters on it's I-HUB board were trying to figure out the share count and were off by BILLIONS.

But I do think Jim Bianco should win on style points. In a CC he said "no dilution" when a PIPE was announced within a week.

He did screw up though this time. They are only asking for 400M shares. Even if the dialling for dollars finds the votes, I'm guessing they will be asking again at the ASM.



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rkrw

06/16/10 10:45 PM

#97361 RE: AlpineBV_Miller #97344

It will be tough to beat GETA and their recent 2.5B share offering and that's actually understating it since there was antidilution provisions for prior rounds. I wouldn't be surprised if it was closer to 4B shares.