Replies to post #1480 on Antares Pharma, Inc. (ATRS)

[Catokart]

I appreciate your contributions Jab, they are always helpful. your thoughts do make sense. YOu referenced the april 5th post and in the post I found a quote from Apple you posted that I believe provides insight as well.

Apple:
Yes, and we're going to be doing all this with the same equipment that we're using in methotrexate, and that were doing all the methotrexate manufacturing and commercial packaging on. And so there's a real synergy from a capital standpoint to be able to do this.

Who can't like that approach? Another reason to delay even the first step towards authorizing additional shares???

[Jon20ABX]

Jab,

I still think Antares needs to educate the shareholders on "authorized shares" vs. "issued shares" (as elementary as that sounds and would take about 10 seconds)) then "sell" the shareholders on why strategically this initiative has merit without the risks it may imply (read: reckless dilution).

24 million shares still remain in the existing authorized share "quiver" of Antares. If those shares were authorized in October that's another $100M, potentially. Dr. Paul went on record of saying that the October secondary would be more than sufficient to fund their pipeline development efforts, helping to minds at ease that no further dilution would be imminent. Now Antares wants us to approve another 50 million authorized shares that would bring the total of share "arrows" to 74 million. So, what's up. Why should we support that initiative?

President Reagan had a prudent saying, "trust but verify". On one hand I don't have reasons (yet) to question the strategy of Antares. On the other hand, if they're asking for us to trust them with potential dilution of 74 million shares (once authorized they can pull the trigger at any time) the shareholders need their trust reinforced with an explanation. Trustworthy people like to be questioned, it allows them to validate their position. All of this said I'm expecting Antares to educate us soon on why they want the additional 50M shares authorized.