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TOPIC: Its July 11 today -the re-re-re-scheduled ASH is on soon

Its July 11 today -the re-re-re-scheduled ASH is on soon 11 Jul 2019 09:13 #13001

  • fas
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Time for a re-re-re-re schedule?

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Its July 11 today -the re-re-re-scheduled ASH is on soon 11 Jul 2019 11:17 #13002

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fas wrote: Time for a re-re-re-re schedule?

/

Will be amazing if they are de-listed because they could not get another 2% for a majority - can't believe that 52% of the s/h's would rather be de-listed rather than do a RS - probably just apathy at this point - if they finally get the votes, I think that they should do at least a 1 for 15 RS - they are running out of time re the August 26 deadline.:cry:

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Its July 11 today -the re-re-re-scheduled ASH is on soon 11 Jul 2019 21:03 #13003

  • myownhedgefund
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Agree 2% seems like it should be surmountable.
I wonder if the BOD's decision to state a 1:50 R/S was possible has played a role.
Otherwise, unless your drawing a salary from this company, I think few care at this point.

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Its July 11 today -the re-re-re-scheduled ASH is on soon 11 Jul 2019 23:41 #13004

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Proposal 4 was apparently approved, according to last nights 8K filing:

Approve an amendment to the Company's amended and restated certificate of incorporation, as amended, to effect, at the discretion of the Board of Directors, a reverse stock split of shares of common stock issued and outstanding or reserved for issuance, at an exchange ratio of not less than 1-for-5 and not greater than 1-for-50, such exchange ratio to be determined by the Board of Directors at its sole discretion . The proposal was approved, as follows: FOR AGAINST ABSTAIN 11,025,486 3,891,840 299,204

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:
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