what a bunch of pumpers .... btw ... we are at 1.54 ... very nice ... going below 1.00 in the next 12m
Remember ... New dilution will be necessary to complete the clinical trial ..
Total Shares outstanding:
PERIOD ENDED APRIL 30, 2014 --- 161,579,649
PERIOD ENDED July 31, 2014 --- 179.2 Million Shares
Looks like to me ... PPHM still using the ATM facility ... and issued as many as 18m New shares over the last quarter! ...
WHAT A DILUTION ... PPS to go below 1.00 soon!
hey guys ... do not go on Seeking alpha ...telling the truth!! ... they will ban you from their FORUM! AH AH AH ...
BUT EVENTUALLY THE TRUTH COMES OUT ...and PPHM is trading at 1.52. Down 50%
WookWookWook .. where are you?
Fortunately ... they can not ban users ... here ... lol
who's paying them?
and now ... here we are ... at ... 1,38! ... 30% lowers. lololol
lol .. the Pumping Squad at Ihub ... blocked me on the PPHM forum! ... PPHM ... back to 1.35 as I told you al
why did you banned me? .. ah ah ah ... does the truth hurt? ...
sure ... nothing's AHEAD ... LOL ...
the only thing AEHAD ...is ... SBOTF trading below 1.00 ... and ... probably a SEC investigation. That's what I do believe.
The Dream Team ... LoL
So, Pippa, .. .what u ar esaying is ... the following:
Current shareholders (excluding Igor) will own 32.58% of MTL
The 3 banks will own 57.42% of MTL
Igor will own 10% of MTL
Sorry Pippa ... but this is not the plan. how naive is that for you .. to believe that Shareholders (excluding igor) will keep 32.58% of MTL even after the Debt to equity swap.
They will get diluted too .. and own probably only 4% of MTL after the Transaction.
""In this situation, it's better than nothing. Will be released and the banks will issue additional 75% of shares of "Mechel" and share Ziuzina reduced four times, which will reduce the debt burden to sustainable levels, and the company will be able to survive, "- said Marlamov."
Pippa .. are you getiting how ... debt to equity swap works? ... lol
if you read the filing you see that END did mention 4 possible scenarios: i,ii,iii,iv
4 of the mentioned scenarios contain the word "BK"
------- BK is a done Deal. To be announced at market close ... or ... on monday?
“Transaction Date” means: the date of the earlier to occur of: (i) the closing date of any out of court agreement for the structuring of Endeavour Operating Corporation’s (“EOC”) balance sheet, (ii) the effective date of a confirmed plan of reorganization under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) providing for the restructuring of EOC’s balance sheet, (iii) the closing date of a sale of all or substantially all of the assets or a majority of the outstanding stock of EOC in one or more transactions under section 363 of the Bankruptcy Code or pursuant to a confirmed chapter 11 plan, and (iv) the date of the entry of an order of a United States Bankruptcy Court ordering the conversion of Endeavour’s chapter 11 case to a case under chapter 7 of the Bankruptcy Code.