/what/ - ...

Bleh, no big deal, I'll just hold until buyout or July 31st.

Today was when I thought buyout would happen, buyout could happen tomorrow, but one thing is for sure, it happens by July 31st or company is dead.

>>18447
Why do you even think that though

>>18448
>We have previously disclosed that we were reviewing our strategic alternatives, including the potential sale of all or a portion of the Company. Consistent with this prior disclosure, the Borrowers have agreed to market their businesses and assets for sale. Further, as we intend to transition to another financing source on or before July 31, 2017, we have also agreed that a failure to repay all borrowings under the Credit Agreement on or before July 31, 2017 would constitute an event of default under the Credit Agreement.

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12069640&RcvdDate=5/15/2017&CoName=PERNIX%20THERAPEUTICS%20HOLDINGS%2C%20INC.&FormType=10-Q&View=html

This company is ran by John Sedor, his job is to polish companies and sell them, he has a track record of this, it's what he does. They have to pay debt by July 31st or else bankruptcy. There's 2 options for this stock, it's like a lottery ticket, it either gets bought out by July 31st, or they go bankrupt.

Shareholders will either make a lot of money in buyout, or lose all in bankruptcy. I'm almost certain that this will end in a buyout though, there is other various things that hint towards buyout that I won't go into detail on, however one of the biggest is that they haven't filed their shareholder meeting for this year yet, they were supposed to and every year beforehand they have by now. Why? Because the company won't exist by then, there won't be a shareholder meeting this year.

Also in the 10-Q

>Pursuant to the Wells Fargo Amendment, we have agreed that a failure to repay all borrowings under the Credit Agreement on or before July 31, 2017 would constitute an event of default under the Credit Agreement with Wells Fargo. Therefore, our ability to continue operations after July 31, 2017 will depend on our ability to transition to another financing source on or before July 31, 2017, as to which no assurances can be given.

>Our future capital requirements will depend on many factors, including:
>- the extent to which we are able to sell all or a portion of the Company and the prices at which we are able to effect any such sales;

And this is no secret, nor has it been for quite a while now, they are very open that buyout is possibility.

People have known this could be heading towards buyout for over a year now. The time has finally come where if it's going to happen, it's going to happen soon.