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PharmAthene, Inc. Message Board

  • ddales9498 ddales9498 Nov 21, 2013 2:00 PM Flag

    Proxy

    Yeah - so I voted. One of the votes asked if we grant PIP the ability to raise 175M in additional shares (to use for the merger with Theraclone). That would dilute us 4x. The choices I got were yes, no or obstain. If there was a #$%$*k no button, I would have selected that.

    4x - really???? No wonder we are stuck where we are. F- the merger - merge if you want after the settlement. Not a good deal IMO. I read everything - just think PIP is worth more with the birds in hand + the tax considerations (and yes, I am saying the win over Siga is a bird in hand - too much money was already bet on PIP getting at least 1/2).

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