InvestorsHub Logo
Followers 4
Posts 81
Boards Moderated 0
Alias Born 12/14/2015

Re: None

Wednesday, 03/30/2016 3:18:37 PM

Wednesday, March 30, 2016 3:18:37 PM

Post# of 19526
I've been doing a bit of eye burning reading through the s-1/a issued on 3/7/16 and I think dilution may be to blame for the action of the PPS. Of course, this is sometimes a necessary evil when you are a young company. I also happened to notice that as of right now, they have roughly 6 months of operating expenses covered with cash on hand should they have absolutely zero income which we already know will not be the case.

I think what we are seeing now is the result from the growing pains of late last year but it would also seem to me that they did the right things to set the company up well for this year.

http://ih.advfn.com/p.php?pid=nmona&article=70666766

I linked to the s-1/a but it is also at the top of the board.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.