Mar. 15 at 11:44 PM
$EDSA if they are serious about going themselves with this DEI terrible “team” then
$9 will have to happen. This way they get the 75 million cap and can basically dillute as much as they want on outstanding shares. But logically they can still dillute as much they want but only with preferred shares. Seriously doubt Velan is down with sharing those. So need that 75 million cap.
So it’s either get to
$9 or no doubt this company is done and assets sold. To whom? Who knows. If eb05 is really that good only makes sense to keep drug Swiss. We will see.
