I can say NO with a lot less Speculation than PiP Controlled 2006-2016 ST-246 Lost Proffits
"I wished I lived in the fantasy land you call home" So what justifies you being a D:ck??? you act as if dilution is a certainty and I tried to explain why in this case at the current MC of Siga it certainly is not feasible. Did I say the entire amount Ahhhhh NO I said 150M I also tried (apparently unsuccessfully) to show you that Dilution at the current market cap would at Most raise 50M with a resulting MC of close to Zero which = Losing control.......I have being Living this Soap opera since 2007 you know how many of you Flash-in-the-Pans We have seen come and go on this board???
Answer Me this Question JkAs if Sky if falling Dilution is on its way as a certainty why have we shot up after the NO New News of the BK approval came out??? why are we Closer to a $1Dollar than a Dime10¢
Simple math let alone Monetary generation methodology dictates that the only way dilution is an option to finance Debt or on-going operations is if the resulting depression of the share price can withstand liquidation before said shares reach zero or sub $.01(penny value). Rule of thumb would be Entity market cap should be 10x-15x revenue target before Delusion is attempted....AKA if said entity was at $1.00 Split even a 100:1 the resulting revenue generated by selling 90% of the new float would only be 50M and it just gets worse from there......So with desired amount being 150Mish would not worry unless Entity (Siga) was at 1.5B-3B MC AKA $26-$40 shr Whereas personally Monkeys would be flying out of multiple Orifices......Oh but what Sweet Sweet Monkeys they would be....
Ya, So what??? that was a Question after receiving and not viewing the proxy info sent from my broker...... I think I Smell Troll.......
"My concern is that in order to achieve this greatness, they will wipe out shareholders. Do you see a scenario where they do not at least significantly dilute the existing shareholders?"
Crappolla!!!! Did you read the BK POR???? they would only if they decide to hand everything over to PiP you seriously think they are going to do that?
I say they will do what the rest of the world does and get a loan then 6-10 months from now PooooF! Barda Bootie Bingo Bengerman's