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Alias Born | 09/05/2013 |
Monday, March 30, 2015 12:08:44 PM
No doubt uplisting is beneficial for raising capital and share appreciation as the big boys/funds can buy in. My worries stem from how much value will be taken from existing shareholders now that cash flow positive is within site. Does the company need 15million to reach cash flow positive? Or can they survive on another $3million from private placements for a year, at which point the stock appreciates to $1.50(or much higher?) now a $15 million raise is 10 million common shares instead of 35 million plus another 35 million warrants(can you say dilution?). We've waited this long, think another year is worth waiting...
I just hope management is truly friendly to existing stockholders!
Recent CYRX News
- Form SC 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 09/03/2024 08:23:27 PM
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