Replies to post #23430 on BioSante Pharmaceuticals, Inc. (BPAX)

[porgyrusty]

Bean, just get on board would you and don't ask any questions. The messiah says BPAX is the greatest thing since candy canes, please, just go with it.

[nutsyprofessor]

It is NOT dilution because of the fact that we will own 47% of the COMBINED company, what don't you understand about this?

Dilution occurs when additional issuance of shares reduces your % ownership of the company's equity.

Biosante reported about $32.3 million in total equity on 9/30/12. It's obvious that the estimated combined equity for the two companies will be on the order of around $68.7 million...therefore, Biosante shareholders will get 47%-49.9% (or $32.3 to $34.3 million of the equity) and ANI shareholders will get 51.1%-53% (or $35.1 to $36.4 million of the equity).

So again, what don't you understand about this simple transaction?

[Jeffqdh]

Bean,

The real Q is now, What will the new combined Co be worth ?


Will there be 26 Mil shares OS worth $25.00 per share ?

We had a MC of about $480 Million a year or so ago .......

Now do the math...Mr Simes make mention to look at the Amended final Merger S4 .....Makes a point to look at it !

Heres is one possibility Abbivie is our partner , now what ? PPS is ?

There is much more to this than meets the eye.

GL