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Re: Longmoney post# 2084

Friday, 04/29/2016 2:58:36 PM

Friday, April 29, 2016 2:58:36 PM

Post# of 7901
I'm not defending the stock by any means, but i'm well aware that you guys are posting here just for sh*ts and giggles. I would respectfully ask that unless you have something substantial to contribute to the conversation regarding TRXC, please refrain from posting anything.

Now, regarding TRXC, I recall reading a statement saying they had cash on hand to survive roughly to the end of 2016. I suspect they are going to attempt to raise more capital, likely through dilution first. I think it's highly unlikely that they are just going to throw their hands in the air, and say "well, we tried" and shut the doors.

Again, let me be clear I'm not defending the stock. Do I think they will make some reasonable bounce back at any point in the near future? not a chance. But do I think they will try everything in their power to stick it out and keep their heads above water? Absolutely. That being said, if you are convinced they will declare BK in that time frame, please provide a reasonable and well thought out explanation to support your opinion.