How reps are effected by today's announcement

[anonymous]

Reverse Split should be considered by the staff and reps as a good thing. This enables Pernix to meet guidance and also positions Sedor to raise much needed operational cast with a pending dilution of stock (selling more stock into market to raise capital to help pay down debt and use for operations). Reverse split not only gains us compliance but reduces the aount of shares in market, so then Sedor can issue more shares at near future date to raise needed money.

Brilliant folks. So hang in their as our jobs appear to be secure thru 2017 with his plan.

 

[anonymous]

Sucks for shareholders but great for employees and company financial health.

Sedor issues 1 for 10 reverse stock split today. The amount of outstanding shares drop tremendously. Stock price gets adjusted due to the split and goes up to $4-5 per share.

But the brilliance for us is what Sedor does next. He can now issue more outstanding shares (sell stock into the market) and raise capital. Yes he dilutes shares and the stock price will drop. But if it drops 50% after dilution it will still be at around $2 per share... which is higher than it was before reverse stock split today. Only difference is Pernix now has an additional 100 Million in cash on it balance sheet.

Sucks again for anyone today that is holding PTX stock at this moment.

 

[anonymous]

Those last 2 posts (probably from the same rep)...are stunningly stupid. Turning 10 shares into 1 share, and 1 dollar of per share value into 10 dollars of per share value DOESN'T DO ANYTHING to financial fundamentals...other than 2 things, 1) NASDAQ >$1/share compliance, and 2) sending a negative signal to the market, which is shown by the negative movement in the share price.

 

[anonymous]

Those last 2 posts (probably from the same rep)...are stunningly stupid. Turning 10 shares into 1 share, and 1 dollar of per share value into 10 dollars of per share value DOESN'T DO ANYTHING to financial fundamentals...other than 2 things, 1) NASDAQ >$1/share compliance, and 2) sending a negative signal to the market, which is shown by the negative movement in the share price.

Don't worry. Real investors see through the bs and will sell the stock back down again lol. It's already starting.

 

[anonymous]

We're aware that a lot of recent posts on this board have been made by investors and/or are related to Pernix stock. In order to keep this board relevant to Pernix employees, we've moved several of these threads to a new board specifically meant for stock discussions.

Since we know that employees may also be interested in company stocks, we will allow a limited number of stock-related threads on company boards. However, most such discussions will be moved to the stock discussions board.

Cafepharma company boards are meant to be a place where employees can discuss their company and industry. This will continue to be our focus.