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Winalov

01/09/13 9:03 AM

#23224 RE: snupoled #23223

Snup, Agree with most what you say, except RS ratio, they say in S4
1:4 will put PPS @$6???????

A:
"It is expected that immediately prior to the effective time of the merger, BioSante will effect a reverse split of the BioSante common stock and BioSante class C special stock at a ratio of either one-for-two, one-for-three, one-for-four or one-for-five (with the exact ratio to be determined by BioSante and ANI immediately prior to completion of the merger)"

Some shorts could retire with playing BPAX.
New RS can provide them with another opportunity to make more$$$?
To bad that CVR's aint attached to stock that would put a lot of pressure on shorts.
I still believe BPAX is working on superior deal :0) and shorts will be caught with pants down