That's 11.5 times the current price per share!
Eastern Capital owns a total of 35 million shares for a 44.9% stake. So if my math is correct that is total shares of a little under 78 million.
It was more than just the DOD news that is moving TPIV
GERN has over a $550million dollar market cap
The potential of TPIV's drug candidate is worth at least $2 dollars a share. Even with all of the potential dilution with the warrants a $200 million dollar market cap can definitely happen IMHO. If TPIV announces ANYTHING that Tempers the dilution we are off to the races!
Thumbs down all you want, it's only about making money and getting on the hot stock of the moment and Right now the hot stock is TPIV!!!
I made a ton the first time TPIV ran to $1.70 plan on riding it again back up over at least $1.00. Really a no brainer here.
How do you get to .05 cents a share? They are getting $5.2 million dollars for selling 5,750,000 million shares?