Oncogenex Pharma wird ACHIEVE LIFE SCIE.

noch kein Licht im dunkeln ??

After the initial purchase, if the Company’s stock price is above $1.00, as often as every business day over the 30-month term of the Purchase Agreement, and up to an aggregate amount of an additional $10,000,000 (subject to certain limitations) of shares of Common Stock, the Company has the right, from time to time, at its sole discretion and subject to certain conditions, to direct LPC to purchase up to 80,000 shares of Common Stock, with such amount increasing as the closing sale price of the Company’s Common Stock as reported on The NASDAQ Capital Market increases. The purchase price of shares of Common Stock pursuant to the Purchase Agreement will be based on prevailing market prices of Common Stock at the time of sales without any fixed discount, and the Company will control the timing and amount of any sales of Common Stock to LPC. In addition, the Company may direct LPC to purchase additional amounts as accelerated purchases if on the date of a regular purchase the closing sale price of the Common Stock is not below $2.00 per share


Die Jungs shorten aber nicht selber

LPC has covenanted not to cause or engage in any manner whatsoever, any direct or indirect short selling or hedging of the Company’s shares of Common Stock.


Offiziell noch 9.8M$ offen, was mit dem nächsten 10-Q aber gewaltig nach unten gehen sollte die Summe, heisst warten angesagt um das ganze zu bewerten, denke das nicht  soviel da ist, mal schauen