DarioHealth Corp (DRIO)

[Taylor Orion]

Unless they have secured other sources of private funding, yet to be announced. Would you miss an investor conference if your company really needed the money? Product approvals are gaining ground in other parts of the world while working through the process of patent approval in the US. There is absolutely no reason to declare Chapter 11 with the asset level and a viable product. If they haven't secured funding, then we will be warned if they have to increase the A/S. That would be required. How do you also know they are broke? Have you personally checked their books more recently than the quarterly or have inside knowledge of the company's financing or security thereof? Assumptions shut down the perspective of open possibilities. We cannot assume anything without hearing it directly from the company. With the global exposure they have acquired, it is possible that they have no need to raise the A/S, due to other methods of private/corporate investors. DRIO may have a few cards that haven't been laid out yet. You can wait and see or give up early. I think if there was more of the lack of confidence, then this should have dropped to .07 Friday. Instead it closed green. Chart players may have an interesting week, and if news is released, there is a chance for many more to join. It is a simple choice, though - believe the company has this handled and a product good enough to make it, then invest; or decide to move on to the next play of the day, week, or month of your choosing. Good luck either way.