I remember. It was a stalling tactic that created a veil of rumors that there was a possibility of a white knight in the wings that would be a savior. It turned into a black knight that made a joust with a 1-15 split. Wow this is one hell of a company!!!
How about when Hedrick told investors that the first reverse split was being well thought out and done correctly so to assure it would never have to be done again? Looks like the fool is about 5 cents from being a liar. Again.
I said it then and believe it now. Cytori belonged on the pink sheets. All the RS did was allow for more investors to be bilked out of $'s and long-suffering long-term shareholders diluted to shit. It's ridiculous reading that there are holders here supposedly buying more here, C'mon man you can't be serious.
At this point I don't think it matters Wadd.
Its thumbs up or down come summer.
If the data is good perhaps not all but much will be forgiven, at least short term
If its bad and even if they survive, current shareholders will be so diluted it might as well be zero.
Not long ago DOV suggested they were perhaps seeing through the data but everything still murky if your long and it now seems LPC signed a deal that would only get triggered if the data was good and the $0.50 floor likely prevents them getting stuck with a dog.