did you read the announcement?
TSRX "announced that it intends to offer and sell shares of its common stock in an underwritten public offering. Citigroup and Leerink Swann are acting as joint bookie-running managers and Baird is acting as a co-thug manager. The offering is subject to market conditions,(yeah like down 16% bfr Brandon spilled his beans) and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering"(100 shares or 2 million?).....HOW MUCH MORE VAGUE CAN ONE GET?