I think that TCLN will prove its business viability if (and only if) it can combine BOTH research and licensing agreements.
(OT)
"PS: Victor, I've already covered your points so don't want to rehash it. If you
choose not to see my logic, then that's up to you. Shareholders aren't feeling their
pain magnified 7 times as it is a matter of percentages, orders of magnitude or
whatever you like. Adding zeroes doesn't affect it. Measuring the length of
something in inches, centimetres or Angstroms doesn't change it's length."
Hmm:
quote.yahoo.com
one possible explanation (but not the only one, in previous exchange we have agreed that reverse splits are just an attempt to attack the symptoms rather than the causes. Ergo: without real fundamental changes a reverse split will not by itself alter the course of history. Moreover a reverse split will usually expose shareholders to extreme pain as it tends to magnify the weaknesses of the issue:
Thursday November 5, 9:16 am Eastern Time
Cytel sets 1-for-7 reverse stock split
SAN DIEGO, Nov 5 (Reuters) - Cytel Corp. said Thursday it had approved a
one-for-seven reverse stock split effective November 13.
The trading symbol for Cytel will be CYTLD (CYTLD - news) for the first 20 days after the reverse split takes effect.
After the reverse split, Cytel will have about 5 million shares of common stock outstanding.
========================
so if you owned 7,000 shares @ 1/2 = $ 3,500
after the reverse split you own 1,000 shares @ 2 3/8 = $ 2,400
for a loss of $1,100, i.e roughly 1/3 of your money is gone..but
probably you "ain't seen nothing yet" ..to be continued??
VD
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