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Novadel Pharma Inc. Message Board

  • arql07 arql07 Jun 27, 2013 12:16 PM Flag

    Shares in new company

    I looked at trial SUDA just completed in ART004, looks promising. What amount of shares will we get in the new SUDA? Maybe in the USA, NVD hands were tied by big pharma, but this new deal, may unlock the growth?

    At least we still have a chance. Might want to buy some cheap shares to average down and accept the split we are offered. You can buy 100K shares for $380. Tallicat, weren't you like the biggest pumper years ago?

    Have to go look at your old posts. Just roll with the punches. 5 years from now, you maybe thanking your lucky stars that they made this move. What happens to the cash here in this deal and royalties? We may get a check once a year for 15 years. Not much, but if they increase sales of our two partnered drugs, you never know.

    Sentiment: Buy

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    • Hi there

      NVDL shareholders will get 50m shares in SUDA plus $400k cash.

      SUDA put out an announcement yesterday with a presentation which gives an example of the strategy to develop and monetize some of the NVDL assets.

      SUDA are going to sell Artimist and those funds will be used to progress the NVDL product range.

      It seems like a good fit.

      • 1 Reply to sudaholder
      • Hogwash. It is an awful deal for NVDL shareholders.
        If SUDA was so great why would the suda share price be 2 or 3 cents now?
        Why has the suda share price gone down every single day for the past 3 weeks?

        NVDL ceo said that dissolution would follow any sale of the company and after all expenses and liabilities are paid off the ceo stated that NVDL shareholders can expect 1 cent per share or less. That is terrible and there is no way to spin that into something good.

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