VivoSim Labs Inc (VIVS)

[HomerToeclipper]

I don't know if this is a good move or a bad move.
I just think it's just a move ONVO had to make in the event the cash they have runs out before sales.

ONVO is sensitive to the position they're in right now and the way they've presented themselves to the investing community - I'm thinking they STILL have no real revs at this point. the company has done a lot of pumping, they've whipped up some Media PR, and they have their BB guys pulling out all the stops, pumping hard.

I believe they still need to put contingencies in place if they have no sales by end of CY 1Q.

I'll be watching tomorrows opening. I don't think real investors will just sit in place with the BB pumpers suggesting (tonight on the "other board" ) there's no real impact with this financing solution. Laughable. Fact is, if you're preparing an equity line you're going to draw, sooner than later.

I suspect experienced investors will see through this hocus-pocus and sell off immediately (after hours trading already has this down 16 cents).

I definitely don't think this will be a one-day-down event - market open will see selling and shorts will jump the crap out of this...IMO back to the 6's/low 7s.