Ceres, Inc (CERE)

[BooDog]

Can they do it? Will they be able to draw enough volume to break through and regain compliance? 1 month to go unless they get an extension. Only need 10 days over the $.

Shs Outstand 18.96M
Shs Float 16.60M
Short Float 2.76%
Short Ratio 0.44
Target Price 4.00

Common stock, $0.01 par value; 240,000,000 shares authorized;

16,685,700 shares issued and outstanding at February 29, 2016; 8,830,700 shares issued and outstanding at August 31, 2015

Class Outstanding at April 11, 2016
Common Stock, $0.01 par value per share 18,810,700

============================
Explanatory Note: The Current Report on Form 10-Q set forth below was previously filed with the Securities and Exchange Commission by Ceres, Inc. and, pursuant to Rule 424(b)(3) under the Securities Act of 1933, as amended, is also being filed as a prospectus supplement to the prospectus of Ceres, Inc., dated December 15, 2015, relating to the offering by Ceres, Inc. of 600,000 Class A Units consisting of Common Stock and warrants and 6,460 Class B Units consisting of shares of Series A-1 convertible preferred stock and warrants (and 32,900,000 shares of Common Stock underlying shares of Series A-1 convertible preferred stock and warrants).

https://www.sec.gov/Archives/edgar/data/767884/000114420416094464/v437040_424b3.htm

=====================================

Okay, so here's what really matters;

Yesterdays volume 18,179,301
Avg Volume 1.04M

http://finviz.com/quote.ashx?t=cere

That's incredible. Some of these nasdaq deficient companies have just gone nuts as the clock winds down. Does the DD warrant this puppy making it back over the $ and escaping the RS? The volume and the technical seem to think it may have a chance.



Good luck and happy trading!!