False and worthless post. AAMRQ never fell to 10 cents, and it rose over $13 by the time it closed its bankruptcy case. But there is no sense in comparing that bankruptcy to this one.
Please provide references (links) for your statements on DSMB dates, as I have not seen them anywhere else. Also, when was the meeting of the 1st interim DSMB evaluation? I looked for an announcement of that evaluation beforehand, and found none. I found only the company's announcement of the DSMB recommendation to continue the trial. My impression is that the the company would announce the DSMB recommendation in early October, "soon" after the DSMB decision.
Sorry, but I was sure that after all warrants have been converted, the outstanding shares would be over 700 million, not 500 million. So, for 20 cent stock price, the market cap would have to be ~40% higher than you stated. When making assumptions for speculative stock trades, I would assume cautiously, with a bias against whatever move would be in my favor.
Beaten way down, below cash. With this selloff after 1.5 years of downward trend without a pop, some good news could go a long way, like the blast-off in March 2014. Interim results of Phase Ib ovarian cancer trial with fosbretabulin due in 4 weeks (presentation on Oct. 27 AM in France at ESGO conference), plus interim results of Phase II trial with fosbretabulin as monotherapy in GI/pancreatic tumors due by year end...seems like a good trade setup.
It's confusing in the PR. It says the company no longer plans to study or submit a SPA for F/A without chemotherapy. Well, what about a SPA for F/A with chemo?
Looks like you got egg on your face, gloater.
You agree with yourself? How many are there of you? Ha ha!
From the latest SEC filing:
"However, both the Series A and Series B Warrants may at any time be exercised on a "net" or "cashless" basis, and, in addition to standard cashless exercise provisions, as discussed above, the Series B Warrants may be exercised on an alternate cashless basis."
There is a distinction between exercising on a "standard cashless" basis, and on an "alternate cashless" basis.
The amendment is already in effect, you idiot.
"Notwithstanding the foregoing, the Corporation and the Holder agree to abide by the terms of this Consent while the TSX is considering the approval of this Consent."