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First Quarter 2024 Results:
Net revenue totaled $41.3 million, as compared to $51.4 million in the same period of the prior fiscal year.
Net income was $4.4 million, as compared to of $5.0 million in the same period of the prior fiscal year.
Net income attributable to common stockholders was $3.9 million, as compared to $4.4 million in the same period of the prior fiscal year.
Adjusted EBITDA* was $3.3 million, as compared to $7.3 million in the same period of the prior fiscal year.
Net cash provided by operating activities was $6.6 million.
Free Cash Flow* totaled $6.0 million.
Total debt was $12.3 million; Net Debt* totaled $(264.4) million
All this trails are stopped, no money to push it - BK is very expensive / consultants with $1200 per hours and last month cost was over $600.000 only for consultants and lawyers
Page 7 - Assets only $752.900M - -$1,1B since February
https://www.sec.gov/Archives/edgar/data/850261/000110465923072951/tm2319181d1_ex99-1.htm
„ then the PPS would go lower and they would not be able to raise the amount of money that the company wants to with the least amount of share issuance.“
Check the SP since 19th April, down from 14.50 to 6.79
Delay restriction for Silex divi shares to 1. September 2023 …maybe only to recall all SCLX divi shares from shareholders, we will see. Bankruptcy is a dirty campaign against shareholders, mark my words!
PSS failed to destroy Sorrento
https://cases.stretto.com/public/x228/12086/PLEADINGS/1208602242380000000018.pdf
If the court approves this it will keep PSS from seeing their finances. He really wants to dig in to Sorrento finances so they can get more ammo to try to prove Sorrento didn’t need to file for bankruptcy. They’re trying to destroy the integrity/character of Sorrento.
PSS failed to destroy Sorrento
https://cases.stretto.com/public/x228/12086/PLEADINGS/1208602242380000000018.pdf
If the court approves this it will keep PSS from seeing their finances. He really wants to dig in to Sorrento finances so they can get more ammo to try to prove SRNEQ didn’t need to file for bankruptcy. They’re trying to destroy the integrity/character of Sorrento.
„ If positive, we plan to request a meeting with the US Food and Drug Administration (FDA) by the first half of 2022 to negotiate NDA filing," commented Dr. Dmitri Lissin MD, Chief Medical Officer of Scilex Holding Company.“
That’s a bit a long way to wait…
But they have not one piece sold in Europe, Lexicon is waiting for??
Therefore SP flat
Today it’s over with OTC trading...
Back to Nasdaq, great opportunities, no
further SP dumps here !!!!
Spread 0.07 not so good for shorts to cover
shareholder letter we were approved for listing on nasdaq 11/4 - finally !
There’s a lot of short manipulation going on.
I don’t believe a word they say.
.... It will be uploaded to the Nasdaq Exchange on Mon Sept 28th in the premarket
Shitty OTC terminated, MM included
Target $1 within weeks, Q-Report next week
Huuuu, you are so funny....
Only manipulation, not more
Next report in December will be interesting, after that return to Nasdaq, end of 2020 pps $25
Buy and hold!
Who was the analyst that targeted at $1.87?
10 Reasons To Buy MiMedx Stock Today $MDXG
https://seekingalpha.com/article/4305729
What a mess with this shitty shares
It‘s only a OTC scam, not more
Shit happens, selling day today
Horrible, no pps explosion after this Report
Sell 55k
Buy 20k shares
Sickness on this OTC Board
1:2 reverse isn‘t a solution, NASDAQ required pps $5
I sent a post to investor@newgiocogroup.com
What was a surprise in this Report?
And what‘s bad?
$10 target end of this year
Yeah, but you can’t trade this stock, only lose money
That’s truth, Pender was a desaster with the same crew!
It’s better to sell the shares now as to wait further six months!
CEO said they need more money to going to the U.S. with the gaming platform,
therefore we know what’s coming...
It looks like pps goes to nowhere
What’s the pps target this year?
Dumping pps, what’s up !
Proxy Materials and. Letter to shareholders
https://www.prnewswire.com/news-releases/mimedx-files-definitive-proxy-materials-and-mails-letter-to-shareholders-300860566.html
First pps target $8 within months
Funny, WSGI is death