Toinv,,,"GAC I don't understand why Don might want the share priced supressed intentionally? I'm missing something on that one. Do you think they might have a preferred buyer. Hepalink is boxed in to some degree at 43% and 45% with warrants. They can't move up much unless they buy the company and that will cost them money. Does Don want a low share price so that someone can get a huge share of the company at a low price to fund the trials?"

Hummmmm,,,,I think when a PP takes place the price level is based on a previous closing price which cant be more than a certain % below that closing price,,,,There are requirements and protocol around PPs,,,so if correct, when a prosepective financing by any party is carried out the share price seems to be nursed around so that the closing price on the floor meets the SEC requirements for the PP level. That might be off a bit but you get my drift. Someone else may have more accurate info on it.

Point being, any interested party out there who may have already made an offer, has established a certain price level they are willing to make the deal at!,,,,they certainly dont want to see a $4 floor price if their offer was at $1.65,,cuz if so they PP wont fly,,,,,I think thats ruflly the jist on the background...there are probably other mitigating circumstances such as requiring shareholder approval perhaps that can change that but I am not a lawyer. ,,,,jmo