Re: Question for posters
in response to
by
posted on
Dec 12, 2021 05:23PM
Buckeyes, I think I understand your point about "tail end" because if apabetalone ever gets to market China and the regions are huge markets.
I don't know the weighted average share price for the last 5 days but if we put it at $0.48 then the debenture could be converted into about 15,750,000 shares. That would be a significant move up from their 35.2% ownership. Chinese companies are well known for theft of IP. At least Hepa paid (a little bit) for it if they get it.
Don has always found a way to pay these out in the past. He's got a little under 5 months to pull out the rabbit. More importantly there is a Covid trial to fund as well as a big cardio trial. I relly wish he would seek help on the business side. Eversana is great but they are downstream. They need something to sell.
What will Monday bring?
Hope everyone enjoys the Grey Cup.
GLTA
Toinv