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$Aslan Pharmaceuticals (ASLN.US)$ Press Release: ASLAN Pharmaceuticals Announces It Has Filed for Voluntary Liquidation of Its Sole Operating Subsidiary and Is Commencing Steps to Place Itself Into Voluntary Liquidation
Dow Jones· 1 min ago
Dow Jones· 1 min ago
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LetHimCook : What a joke. Bought this in the past and sold. After the reverse split, looked to fine for abit until they drop this liquidation bummer. Played retail investors until the end.
MDR81 : @Trytosaveabit what happened to this stock? any idea why trading is closed since last week?
Trytosaveabit OP MDR81 : Yes just what I posted! They are liquidating the company! And Nasdaq said they were being delisted and the company said they are not appealing!
Arrayfunction : Such is the world of small bio-tech! They are designed to die off once their drug candidates either finish trials and get sold, fail trials and game over, or they simply run out of cash to burn. It's very important to keep an eye on asset vs debt ratio on bio-tech company. Any data where debts far outpace assets means the company is circling the drain
MDR81 Trytosaveabit OP : ohh . so can't we sell our stocks? nearly my 1k gone??
Trytosaveabit OP MDR81 : Im not sure if they are trading on OTC market until they actually liquidate totally?