ChromaDex Corp. (CDXC)

[stockspirit]

I am going to post some interesting items that I find in the 10Q....

As of April 2, 2016, the Company had approximately $2,996,000 cash and cash equivalents on hand. We anticipate that our current cash and cash equivalents on hand, and cash generated from operations will be sufficient to meet our projected operating plans through at least May 13, 2017. We may, however, seek additional capital prior to May 13, 2017, both to meet our projected operating plans after May 13, 2017 and/or to fund our longer term strategic objectives.

I am wondering how the new plant fits into their cash requirements. It will require cash outlay for its initial construction, startup and employees. However, I am sure that the savings on our costs of product will be well worth it.