DarioHealth Corp (DRIO)

[sumotrader]

A recent 8K says management expects to be able to continue operations until October 2014 with the recent dilutive financing.

With 75 million O/S and only 80 million A/S the company will need to generate huge profits immediately or raise the A/S and dilute further. Let's not forget about management voting on and approving a R/S (reverse split of 1 for 2 or 1 for 5) on June 30th 2014.

DRIO is a rock solid company with HUGE potential IMO but short term risk is huge as well. I hope I'm wrong and this runs up to $1.00 like some are calling for.

Good luck to all