Could it be, possibly be that guy....what was his name again? Oh that's right SATAN! under the disguised name of EIEIO INCY JOANES
It was interesting that the two parts of this $250mil shelf maintained the previous MLV $50 mil sales agreement prospectus in part 2 but no mention of who would be selling the remaining $200mil
u appear to be a company spokesperson pushing their agenda Joanie. For you to be in GERN as long as you claim continually averaging down for the last two decades and happy as a lark you must be pretty dense or a blatant liar. I thought I was on ignore so how could you read my posts? Obvious lie.
I'm not a pretend long like U EIEIO....how is another potential $250mil shelf registration a good thing to secure shareholder's equity? If you can't answer this then you must be part of the 'keep the shareholders in the dark team and dilute their investment further by covering your short position through another private placement' In other words part of the Hedge Fund gaming this very equity.
There was no mention of synergies with IMETELSTAT & why would u think this to be a potential buy out target? Any buyout now by Chippy would be shooting GERN shareholders, already overly diluted, right in the foot. Why not wait for data from the upcoming yet to start phase ll IMET trials to boast SP unless J&J is playing dirty pool with IMET?.
"Today we are pleased to be detailing our strategy in breast cancer which is built upon very promising data which were recently published in the peer-reviewed journal Cancer Medicine," said Joseph Shan, vice president of clinical and regulatory affairs at Peregrine Pharmaceuticals. "The clinical development pathway that we are outlining today is based upon the strong clinical experience that supports synergies between bavituximab and docetaxel and paclitaxel, our deep and consistently positive clinical experience in breast cancer to date, as well as the support of leading breast cancer physicians."
The previous sales agreement prospectus is part of the new base prospectus of $250mil. These are bi figures that could only be validated with some expected large move coming down the pipes. Thought I heard that flush up in Pugwash Station WC earlier today.
This registration statement contains two prospectuses:
a base prospectus which covers the offering, issuance and sale of such indeterminate number of shares of the Registrants common stock and preferred stock, such indeterminate principal amount of debt securities, and such indeterminate number of warrants to purchase common stock, preferred stock and/or debt securities, which together shall have an aggregate initial offering price not to exceed $250,000,000; and
a sales agreement prospectus covering the offering, issuance and sale of shares of the Registrants common stock that may be issued and sold under the At Market Issuance Sales Agreement, or the sales agreement, between the Registrant and MLV & Co. LLC in an aggregate amount of up to $50,000,000.
The base prospectus immediately follows this explanatory note. The specific terms of any securities to be offered pursuant to the base prospectus will be specified in a prospectus supplement to the base prospectus. The sales agreement prospectus immediately follows the base prospectus. The $50,000,000 of common stock that may be offered, issued and sold under the sales agreement prospectus is part of the $250,000,000 of securities that may be offered, issued and sold by the Registrant under the base prospectus. Upon termination of the sales agreement, any portion of the $50,000,000 included in the sales agreement prospectus that is not sold pursuant to the sales agreement will be available for sale in other offerings pursuant to the base prospectus and any related prospectus supplement
then why the $259mil shelf registration now? It doesn't make any cents.
I got that alright Jakoff. UNFORTUNATELY I BOUGHT in several weeks prior to the hold after selling out after Chipster's weird CC in Jan. 2014. I should have stayed out until the hold was announced. With 85% of my original acorn pile lost in my larder I hardly had the funds to average down like the many do here on a continual basis with unlimited funds to draw on calling each SP bear raid another blessed buying opportunity.
"On our way to Phase II !!! I just posted!! Plus more good news in that little release. It is now public that the Phase I (IST) that John is enrolled has AML and MDS patients in it and they are still alive and participating!!!!! Alive would be the key word since no new patients since January 2013. That means some AML patients have survived 9 months with prognosis of 6 weeks. All good from here...finally." August 5, 2014 & still waiting for this news update August 27, 2015 over a year later!
It would be absolutely hilarious Joanie for your ridiculous amount of shares if Chippy had MLV exercise that $50mil in share sale dilution agreement so that he could acquire more signing bonuses from another pharma like CHMA. Here's to you looking at your wine glass 99% empty again. 8=3(
Wedgie I gave u a thumbs up. Scarlet needs to receive a clear message not to tamper with shareholder equity until we see a recovery from pre-hold levels.
Trump will turn the US economy into another Atlantic City boardwalk; filled with empty abandoned deteriorating casinos and hotels. Unfortunately he seems to be gaining momentum on a protest platform in a leadershipless vacuum.