Replies to post #86795 on Protagenic Therapeutics Inc. (PTIX)

[bassilious]

That's what I don't get.. They havnt paid their taxes.. They can pay for a annual report.. Yet they're tossing out bonuses ad attending expensive conferences. I feel like they're stalling! They wouldve had more than enough chances to raise cash over te last 3 months.

[svt1159]

Roag - I believe its one of 3 things when you go dark.

Either you are being bought out or you are meging with a private company. The last scenerio is going BK which I highly doubt due to the way Atrinsic has been moving forward.

My DD tells me their being bought or their merging.

My concern is how much are the shareholders going to get compensated after this is done. I highly doubt it will be .10 a share.

[jzgeorge]

If you knew for a fact that steps were going to be taken to tank the stock, i.e.: delist, dilute, deregister, then you had a sure ride to short like crazy and, if there was an uptick, you had shares to cover. Beyond that, you could cooperate in the process by shorting and selling at the same time and build up a massive pile of cash to buy back in low to be ready for the buyout to come.

We are the monkey in the wrench because we bought so many shares that they can't buy back as many shares as they wanted.

And we sit around arguing about the meaning of stakeholder.