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Immune Pharmaceuticals, Inc. Message Board

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  • OneBattery OneBattery Dec 7, 2007 11:23 PM Flag

    One reason for the offering

    i'm off with the share count / dilution calc. i just looked at the final prospectus filed by epct in connection with the recent shelf takedown, and it shows total shares outstanding following the offering as 47,533,314. of course, this excludes all of the warrants convertible into common. based on the closing price of $1.44, this translates to a market capitalization of approx. $68.5 million.

    either way, it is still chump change. check us out in a couple of quarters -- lot's of good stuff in the pipe. hang on, longs. don't get discouraged and sell now. IMO 2008 will be a BIG year for epct.

 
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