Mon, Sep 15, 2014, 11:00 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

ALLIQUA, INC. Message Board

  • jimmyyyy.rollins jimmyyyy.rollins Mar 29, 2012 5:36 PM Flag

    The 10-K Yikes

    That is some scary reading material.


    A cash raise is definitely in the cards.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • YES! The company was paying 12K/month to "sublease" office space from Harborview--so Harborview is "compensating" themselves with common stock in ALQA for the calender year 2012 instead to getting money. They are just "draining" shareholders in a different manner, IMO, for 2012.
      On the one hand they were taking cash--this year they are diluting the common equity, IMO.

      Please correct me if I am not understanding properly.

    • If you're interested in the Frost investment, look back about a year ago when the stock was trading at .15


      Frost made an initial investment, stock ran up to .30 or so then quickly plummeted to where we are now.


      Appeared to be a P/D but no SEC filings were made, but that doesn't mean anything.

      I don't see Frost as a good thing.


      Only positive I found in the 10K was that they are no longer paying the exuberant amount of money to themselves for their office space. I think they're getting stock compensation instead? Yikes.

    • It looks like this cash raise has happened. On March 29th, there was a filing that 24M+ restricted shares were sold at 4 cents a share. That would total 962K+ in cash.

      That amount looks like it will carry for about 9 months.

      Am I making the right conclusions here?

 
ALQA
4.81-0.19(-3.80%)Sep 15 3:53 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Avanir Pharmaceuticals, Inc.
NasdaqGSMon, Sep 15, 2014 4:00 PM EDT
Tesla Motors, Inc.
NasdaqGSMon, Sep 15, 2014 4:00 PM EDT