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NuPathe Inc. Message Board

glenphilippe 2 posts  |  Last Activity: Jul 14, 2014 4:34 PM Member since: Oct 7, 2012
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  • glenphilippe by glenphilippe Jul 14, 2014 6:30 AM Flag

    was in May.The stock drove up from under a dollar to around $5.00.Just a bit of information.

  • glenphilippe by glenphilippe Jul 14, 2014 4:34 PM Flag

    Looking back through all their PRs to 2010,it appears Newlead has been paying for every one of their acquisitions through share dilution,until the point they would become non-compliant with NASDAQ,then they would reverse split to get the price back in range and then they would start the spirals all over again for the next acquisition.
    From what I've been able to see,none of this is against NASDAQ rules.Their scrap with Iron Ridge has nothing to do with the death spiral in itself,but the fact they've gone too quickly with it.
    Everything we're seeing has been part of the plan for Newlead.They have accepted and used the format of the death spiral to build up the company with acquistions.It also appears after these next acquistions that they will be in position to reverse split again to become compliant with NASDAQ.
    I am now out,and should have studied the pattern before I got in.Never stop learning in this business.

4.250.00(0.00%)Feb 21 4:00 PMEST

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