Here's how you try to discredit someone's opinions
Post# of 72440
The spin-and-distort project is now focusing on how "there is no downside to uplisting." Well, NO downside is a blanket statement that can be challenged (see: abuse of options to assist in manipulating stock price) BUT -- I will go on the record as saying I believe that uplisting is a good thing for CTIX.
But that's not the issue.
The issue is, HOW is uplisting achieved, and what is the timing?
Why would someone continually urge uplisting by a reverse split. when the company is grossly undervalued and has a large number of significant, share-price-moving events coming up? Given the history of poor results from reverse splits and the extreme stigma attached to stocks that have to do reverse splits, why would anyone do that when a small amount of patience would make that unnecessary?
Why would someone be in such a hurry to uplist that they continually urge a disastrous course of action that the CEO has said he WILL NOT do?
It's all in the timing.
If a stock is going to have a lot of major scientific results by the end of the year, people who want to pump and then dump the stock need to do it BEFORE the news is out -- because if there is great news from a clinical trial, the stock could easily triple in a trading day, as DNDN did way back when.
And if the stock can no longer be attacked as supposedly having no credible results, and no partner, and no hope of revenues -- and then all of those things are proven to be untrue with one press release -- how can the scumbags fully profit? If it is known that a company has, for instance, a novel new class of antibiotics that will be worth billions, how can someone continually claim that the company is doomed, or that share price will drop 40% soon?
From their standpoint, they'd rather do an AVXL operation on CTIX -- run it up on reverse split/uplisting plan, then take it right back down into the cellar. And since with normal stocks it takes several months before options start trading, it needs to be done NOW if they are able to get their trading plan in place that includes options, before all the news of clinical trial results for all FOUR different clinical trials (plus the new ones) can be released.