Just some thoughts, I would think that the 2 companies would not be doing if if they did not believe it to be benefical for both. Lets face it, the stock price of TZYN had sunk to a rediculous low. Notice that afew days ago, ithe sp moved up a lot on bg volume. Is it possible that was buyng by some fokls who suspected someting like the merger was brewing? When you buy a stock, you know that decision making on how the co.. operates is out of your control, so why sit and whine about this? If you do not like, sell and move on. Unfortunetly, that happens way too often when a cmopany makes a decision like an offering, reverse split, etc. It is usually the small investors, who, like today,panic and sell, while smart open minded big money scoops up the cheap shares. Doyou wonder who is buying today? I think I know.
If you noticed my question at theend of my post, I think you knowthe nswer. These complaining guys get mad and sell cheap cause they think theeris conspiracy against them, the the smart money steps inand buys theirshares cheap. I will stick around and s ee what develops.
You're naive to think the companies are doing this for best interest of TZYM value. The PR is plain as day. A rev split with a PIPE (needed to create more shares to enable a rev split).... So it is the same as typical biotech, but will be doing a reverse split (rev merger). Wake up, & stop rationalizing things are good. The merger even the in the least doesn't allow for any premium above current price, or even higher for a minimum of book/cash value, which as a #$%$ deal. Now that's being objective
No different than any other non-profitable biotech with more dilution of shares & rev splits taking effect. Sure, it has potential with the next company's drug assets, but in short term is still high risk and same as any biotech down here under 1.00 diluting and having rev splits.