Saturday, May 16, 2015 3:42:19 PM
The facts are:
gevo had a 1 for 15 reverse split effective on April 20, 2015.
gevo on May 14, 2015 announced that it had agreed to sell 4,300,000 common stock units at a public offering price of $4.00 per common stock unit.
This offering was just in time for gevo and is in line with analysts that stated gevo is "money-starved" and that gevo currently possesses only $4.4M in cash and has a $10M per quarter cash burn rate.
Despite the cash burn, the 2014 corporate salaries for the top five gevo executives exceeded $2,170,000,(excluding bonuses and stock/options compensation). Their total compensation was $3,820,000.
Apparently, gevo did not consider the retail shareholders in their grand scheme of things. I doubt that gevo stock will rise above $4 per share channel given this recent massive share dilution.
The big question is how much longer can gevo remain solvent given the present cash burn and the corporate salaries?
Yeah, but then again none of this is true, unless you do some real DD.
Recent GEVO News
- Gevo Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/02/2024 08:01:00 PM
- Gevo’s Sustainable Aviation Fuel Well-Positioned in Light of New Guidance from Treasury Department • GlobeNewswire Inc. • 04/30/2024 08:58:47 PM
- Gevo to Report First Quarter 2024 Financial Results on May 2, 2024 • GlobeNewswire Inc. • 04/17/2024 08:30:00 PM
- Gevo RNG Subsidiary Successfully Remarkets Its Tax-Exempt Green Bonds • GlobeNewswire Inc. • 04/01/2024 08:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 09:03:50 PM
- Gevo Reports Fourth Quarter and Full Year 2023 Financial Results • GlobeNewswire Inc. • 03/07/2024 09:01:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 09:05:32 PM
- Gevo Hires Damien Perriman as Chief Business Development Officer • GlobeNewswire Inc. • 02/26/2024 02:00:00 PM
- Gevo to Participate in Upcoming Virtual Investor Meetings • GlobeNewswire Inc. • 02/08/2024 06:00:00 PM
- Gevo to Report Fourth Quarter 2023 Financial Results on March 7, 2024 • GlobeNewswire Inc. • 02/08/2024 02:01:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/05/2024 05:15:22 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 02:10:11 PM
- Gevo Provides Business Update • GlobeNewswire Inc. • 01/24/2024 02:05:00 PM
- Gevo Files New S-3 Ahead of Expiration, Updates ATM Agreement • GlobeNewswire Inc. • 01/16/2024 09:01:00 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 01/16/2024 02:05:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/03/2024 09:12:45 PM
- Gevo Announces Appointment of Katie Ellet to Board of Directors • GlobeNewswire Inc. • 01/03/2024 09:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/26/2023 09:47:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/26/2023 09:33:10 PM
- Gevo VP of Government Relations Lindsay Fitzgerald and VP of Finance & Strategy Eric Frey to Participate in a Water Tower Research Fireside Chat on Tuesday, December 19th at 10:00 am ET • GlobeNewswire Inc. • 12/18/2023 02:00:00 PM
- Gevo Statement on Treasury Guidance for SAF Tax Credit • GlobeNewswire Inc. • 12/15/2023 03:19:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/13/2023 09:48:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 09:34:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/12/2023 09:07:08 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM