Anyone adressing the BK judge bidding to take over the co and to bid some money to the shareholders will get the co in no time. If it was ok for 1.4 per share, it might be perfect for 20cts or so. I d give my ok cause I am a current holder of CS.
Appearance tells its a buy. The share price movement tells another story. Something hidden and insiders selling on bad news in order to not being caught bailing on insider knowledge of matters not known to the public.
These conversions happen in slices. Now is the time where the volume is happening at a steady price to give a max number for warrant holders. Then the next leg-down. Rinse and repeat. Once the proess will be true it will be touted by management and the price will spike. Very briefly indeed because this will be followed by a 100 to 1 RS. So you are dead anyway.
It seems there is one of these days every once in a month. The only problem is the drop afterwards seems to be a standard 60%. Take care, this happened before.
Early warnings folks. Imagine selling back in july! Crooks have stolen your money. It is a game designed to give you zero chance of winning.
1000% right on this one. If you were to proud or to green to listen, your fault. Dont blame it on anyone else. Not even the managmeent as Dodd admitted that the dumping would go on for another few months.
Just like the Geysire in Yellowstone, AEZS is very regular for delivering sharholders to the slaughterhouse. Live and learn that the pumpers here on the board are paid to make you buy their quasi free shares as the dilution continues to run in full swing.
Per last CC: @22cts warrant converion equates OS 380 000 000 shares, So at 8cts the OS might baloon towards 1000 000 000 shares- take care this is designed to steal your money.
The sole idea that China might be down bigtime on monday, is enough to bring prices further down.
Monday NYSE closed monday leaves markets in a jitter and if China breaks apart some more next week, there will be 2 trading days working against a tuesday opening. Run for the hills.
Up-days are slow in volume compared with down days. This imo is an indication on where the market will go. Follow the money-- the market is going to plunge some more soon.
Look what such a financing agreement did to AEZS. Looks somewhat similar to me. The deeper the shorts drive it into the ground the more shares they get by the conversion terms. This is called toxic financing and largely wipes out the existing shareholders value through tremendous dilution.
750mio seems a realistic target but not for a possible market cap but rather for the share count. It turns quicker than the national debt clock.
These stocks are toxic waste once touched by the financing mafia. Just like aezs! Same story.
Heavy agressive dilutive financing. Shares issued via options at 80% discount to the shareprice applicable at the moment of financing. CEO says the dilution effect will go on for some more months. The CFO assumption at 22cts shares was 300 mio shares added to the float. At 8-9 cts maybe double or tripple!!! This is de facto a scam like GENTA (GNTA) was a couple of years ago.
you need a whopping 1500% price increase to not even break even!!! With 1000 000 000 shares outstanding (which might be true in a couple of months). you would need an astronomical market cap. This is not only delusional but you look to be one of these fraudsters here with the intention to sacrifice other peoples assets to allow selling of hundreds of mio of new shares into the market.