Because if the terms of the amendment were public, Catalyst would be circling the bottom of the drain. There is nothing remotely credible which could pull this company from it's tailspin.......just wait for the bottom to drop out in the next 3 months when Biomarin makes its takeunder bid.
BMRN purchases 16.6% of the float at .75 cents per share and makes a take under bid right after? WOW do you wear a helmet while trading stocks? LMFAOROFL that is the dumbest and most illogical investment a company could make if they planned on bidding lower. Are you still planning on the R/S that will take the O/S under 15 mill? LOL wow what a complete jackass you are. I have heard of illogical thinking but damn I really don't understand why you would EVER manage your own finances with that kind of logic. LOL