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Inovio Pharmaceuticals, Inc. Message Board

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  • tonyforgoog tonyforgoog May 15, 2010 11:25 AM Flag

    What the hell???????????

    hey, can u let me know where you got those.

    i am not that active on this name but holding quite a bit since vgx...

    man, another 2M shares dilution.. i need to read those.

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    • Its on Inovio website under news and the May 12th story.What is you opinion of this.I think if this is the case hold on ,we are going to see some down side. The question is how much?????

      • 1 Reply to rommell_james
      • Holy smokes, I wouldn't worry about dilution from any share conversions. I watched the Rodman presentation and as of the end of 2009, they only had 30 million in cash. That means right now they probably have around 22-24 million. Yahoo has it wrong, they show that INO had 43 million as of the end of 2009. The odds of a near term, meaning in the next 2-3 months, financing is now virtually certain. Hopefuly they will keep it small due to the share price. But I am pretty sure they would raise 15 million, which is at least another 15 million shares in dilution or 15%. I had no idea Yahoo was off by 25%. I wonder where they got that number.

        Anyway, for their sake, they had better raise money soon. I think the overall market may take a dump. If they raise money, the share price will probably drop to around a buck. If the market takes a dump after that, INO could be in the $.50 area again.

        It will be interesting to see how the next couple months plays out.

 
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