So biPolar, how are you feeling today after Enmd great Friday. Stillfeal like busting George today or are you considering eating somecrow today. I imagine that your big mouth must have shrunk a few sizes yesterday. I have no hard feelings and I only wish the worst for all of you bashers.I should feel apang of sorrow for all the sick persons who want to make money that a cure is not found for cancer. What goes around, comes around.
In accordance with the Securities Purchase Agreement, EntreMed issued and sold the Units to the Investors for an aggregate purchase price of $5,094,000, or $2.70 per share, which price per share for the Shares represents the consolidated closing bid price of the Company's stock on September 7, 2010, as reported by the Nasdaq Stock Market. The exercise price of the Warrants is $2.825 per share.
The only thing this Company is selling are shares of stock, how are they going to pay a dividend on 9m outstanding shares.