Followers | 376 |
Posts | 17215 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
Friday, August 28, 2015 12:11:19 PM
Holy cow- stunner IMO.
Per Yahoo finance- which is usually pretty accurate. They (Yahoo finance) have the latest 10-Q share count. So it's O/S shares X today's current price = approx. $2.35 MILLION being displayed on that site. I can double check on Google finance and a brokerage like TD Ameritrade or something, but I'm sure that $2.35 mil number is real close to accurate.
They're on life support IMO. They'd have to be near cash broke right about now IMO per the $93K cash they had left on-hand per the last 10-Q filed not even 1 month ago- and they've already sold off (factored) their future receivables per that same 10-Q and borrowed another pittance $25K in convertible debt from Fourth Man.
With this massively collapsing share price- I'd say it's likely DIRE STRAIGHTS here and not the rock band.
My sub .003 CENTS worth
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM