Posted On: 07/05/2016 9:09:03 AM
Post# of 72440
Hope everyone had a good long weekend. Market looks to be opening lower today. I'm not expecting any real action from real buyers or sellers until the next news release. In the meantime, we can expect market maker games to try to paint the tape.
Just a reminder: there is NO way that the Ashcroft firm would have agreed to take their pay in the form of options to BUY our stock at 1.70, meaning they don't make anything until it is significantly higher than 1.70, unless they were confident in the science and management of the company. They have seen everything that CTIX has on the clinical trials (which they needed to see for the court filings).
And also remember, when they took the case, CTIX was trading for less than 1.20. So they were REALLY confident. A prominent firm like that doesn't have to take a deal like this unless they think it's going to pay off big.
Just a reminder: there is NO way that the Ashcroft firm would have agreed to take their pay in the form of options to BUY our stock at 1.70, meaning they don't make anything until it is significantly higher than 1.70, unless they were confident in the science and management of the company. They have seen everything that CTIX has on the clinical trials (which they needed to see for the court filings).
And also remember, when they took the case, CTIX was trading for less than 1.20. So they were REALLY confident. A prominent firm like that doesn't have to take a deal like this unless they think it's going to pay off big.
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