And more in the PIPEline I'm sure! Will there be a reverse split, too?!
Pennies are the wrong place to invest, peeps......... JMO
Kriegsman's motther ship was/is Cytrx (cytr). Did you notice they had to recently pull a reverse split? Same thing will probably happen here. Do you know who your BOD Chmn is?
That is actually good news. There were 158M shares outstanding on 12/31/2012. This means that 180M shares were issued from January 2013. This accounts for the 113M shares that was issued as part of the SPA and 50M to Optko. Looks like there will be no more dilution going forward. JMHO