Amyris Inc (AMRSQ)

[finesand]

Due to the dilution and upcoming RS, I assume $0.21/sh will mark the bottom w/ 42% retention (66% dilution) from $0.50/sh.

After this capitulation and sideways move, (naked) shorts may start covering this low and we might even see a little spike before RS -> $0.2666/sh.

Then RS adjusted $4/sh will probably dip within the first two weeks as usual back to $3 ($0.20), but may recover w/ good company news.

The ball is on company's side now, more debt swap and dilution vs great performance for 2018!

Note that even the anti-dilutive warrants are now IN THE MONEY.
So the late PR about exceeding debt payments actually hint towards a higher OS.

After the whole dilution is done and the balance sheet is clean, i.e. total-liabilities/equity <= 50% .. and there is at least $2.5M equity worth, this stock may be a buy again.
Quite a long way to go since that debt ratio is now 141% AFTER the debt swap, it was 315% - and equity is still -$81M (was -$212M). Yes, ignoring the fixed Gate's equity.

For sure horrible numbers vs the great technology they have for sure. Highly volatile in both directions.