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Thursday, 02/27/2014 9:24:18 PM

Thursday, February 27, 2014 9:24:18 PM

Post# of 12138
The company is actually growing revenues around 25% QoQ.
And the quarter we are currently in which ends 3/31/2014, could possibly produce 1 million in sales, if the aforementioned rate holds. In addition, the latest financial statement showed 600 K in receivables, and about 200 k in cash. It looks like the company currently, if nothing was to change, is able to internally finance operations.


If you want to pee in the tall weeds with the big dogs, than you can't stay stagnant. You need capital to expand operations. How you apply that financing is the difference. What's the cost of capital compared to the return. If one is comparing the prior handling of raises under the last CEO & board to the current regime, that would be an extremely unfair comparison.


Forget the past, focus on the present and the future. This new leadership came in about a year or so ago, took a company on the brink, and have performed above and beyond at this point.
And let me remind you, this new management team has invested their own funds along side the shareholders.


I would describe this investment at best, tedious, and speculative. But if it works, it will payoff handsomely.
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