Feb. 24 at 12:17 AM
$BCLI added 10k more shares today. Got caught up in the FOMO this morning, as the adds were in the .65-.70c range. I shoulda known it would reset by the days end. lol.
Not sweating a few cents though in cost basis. IMO, one of two things happen here:
1) Either the CP is gonna hit and we’ll move towards
$50+, as long as Chaim doesn’t dilute us to oblivion on the way up at
$5-
$10, by issuing 10-20M new shares; or,
2) The CP doesn’t hit and this goes close to zero and/or Chaim has to issue 200M+ shares new shares to fund the P3B, and all our current shares become diluted + worthless.
I really hope if the CP hits and FDA asks us to re-file, Chaim waits till we’re at
$50-
$75 to raise a
$100M for the P3B, as it would be nice to repay loyal investors based upon the runaway train ride we’ve been on the last few years, to include his ridiculous 1 for 15 RS, where we were still delisted anyway. He also owes pALS expeditious access to NurOwn, given the botched P3A trial design.
Let’s go!
