(Total Views: 663)
Posted On: 07/29/2022 7:41:13 PM
Post# of 148900
Re: BuckCYDYLong #127010
Quote: BuckCYDYlong
I feel I deserve some level communication. It would be greatly appreciated before I vote to dilute my shares.
What if there isn’t enough current shares to finance the company forward to the annual shareholders meeting? Should we hold back monies / authorized shares from our company and put our company in jeopardy. Is that your fall back option? If you don’t get / demand what you suggested? Let’s be real about this. Biotech are usually funded almost exclusively by dilution because there is usually no incoming revenue. Financing is not a conditional issue that we should hold back on the company. Weigh it out… dilution or no company… hmmm?
Fact is… the company is asking us to finance our debts and trials for the rest of the year and must anticipate a lift of the hold. Our safety aggregate has to be complete or damn close by now. Things will progress nicely once lifted if we have the funds to finance the company. We go nowhere or worst if we don’t.
Or we can believe like you do and tie both hands behind the managements back and send them into the boxing ring with no way to fight back and improve this company. Tell them they missed all the opportunities because we want more information from the president and management and we deserve it before we give them shares… how smart does this sound? Is it reasonable? Sounds reasonable but is it? I don’t t think so.
We all miss the openness of the old management but the shorts are missing it the most I bet. I have that trust to believe we are on our way to greatness. I don’t need to be pumped up to believe that by the president or the management.
We should finance the company because it is really our best option for the future. Trust is a funny thing. If you don’t have it by now… might want to try another investment. Just sayin… holding back financing is a slippery slope we can’t afford to test. Vote “ FOR “ the proposals and be done with it. It’s the smart move for us all. Dilution is dilution and it’s not a dirty word. It’s a way of life with biotechs. It’s their life blood. Nobody likes it but the alternative is much worse if you short the company of money to take care of our investment. Let’s be real here. We don’t have many options other than to authorize shares.
Maybe we should not wait and just vote “ FOR “ asap because that seems like the smart thing for our investment. It’s not only the smart thing… it the right thing to do. Lets get’er done! We will all reap the benefit of being smart.
Read More: https://investorshangout.com/post/newpost/605...z7aTQMW2MG
I feel I deserve some level communication. It would be greatly appreciated before I vote to dilute my shares.
What if there isn’t enough current shares to finance the company forward to the annual shareholders meeting? Should we hold back monies / authorized shares from our company and put our company in jeopardy. Is that your fall back option? If you don’t get / demand what you suggested? Let’s be real about this. Biotech are usually funded almost exclusively by dilution because there is usually no incoming revenue. Financing is not a conditional issue that we should hold back on the company. Weigh it out… dilution or no company… hmmm?
Fact is… the company is asking us to finance our debts and trials for the rest of the year and must anticipate a lift of the hold. Our safety aggregate has to be complete or damn close by now. Things will progress nicely once lifted if we have the funds to finance the company. We go nowhere or worst if we don’t.
Or we can believe like you do and tie both hands behind the managements back and send them into the boxing ring with no way to fight back and improve this company. Tell them they missed all the opportunities because we want more information from the president and management and we deserve it before we give them shares… how smart does this sound? Is it reasonable? Sounds reasonable but is it? I don’t t think so.
We all miss the openness of the old management but the shorts are missing it the most I bet. I have that trust to believe we are on our way to greatness. I don’t need to be pumped up to believe that by the president or the management.
We should finance the company because it is really our best option for the future. Trust is a funny thing. If you don’t have it by now… might want to try another investment. Just sayin… holding back financing is a slippery slope we can’t afford to test. Vote “ FOR “ the proposals and be done with it. It’s the smart move for us all. Dilution is dilution and it’s not a dirty word. It’s a way of life with biotechs. It’s their life blood. Nobody likes it but the alternative is much worse if you short the company of money to take care of our investment. Let’s be real here. We don’t have many options other than to authorize shares.
Maybe we should not wait and just vote “ FOR “ asap because that seems like the smart thing for our investment. It’s not only the smart thing… it the right thing to do. Lets get’er done! We will all reap the benefit of being smart.
Read More: https://investorshangout.com/post/newpost/605...z7aTQMW2MG
(9)
(0)Scroll down for more posts ▼
