Wednesday, June 01, 2016 3:23:41 PM
2.9m O/S a/o today.more to come the mid-term,the door been opened for more hundreds-of-millions if not billions.imo. http://ir.spherix.com/wp-content/uploads/2016/03/SPEX-Investor-Pitch-Book-March-2016.pdf
10Q: the bottom line,net lose reduced from 4.1m to 49k (Net loss per share attributable to common stockholders, basic and diluted from negative 2.71 to negative .26)
Assets/Debt ratio improved as well, from 2.77 to 4.24. the balance sheet very solid. Net assets (Total Assets minus Total Liabilities)= $8.8m vs $7m Market cap.
"Hayes believes shareholders will be able to smile all the way to the bank". http://scibilitymedia.com/spherix-inc-nasdaqspexs-chief-explains-4-38-million-license-deal-pitches-transformation/
"The institutional sentiment increased to 0.83 in 2015 Q4. Its up 0.45, from 0.38 in 2015Q3. The ratio is positive, as 4 funds sold all Spherix Inc shares owned while 2 reduced positions. 4 funds bought stakes while 1 increased positions. They now own 4.90 million shares or 1568.12% more from 293,585 shares in 2015Q3".
http://www.bibeypost.com/spherix-nasdaqspex-shorts-decreased-by-27-87-after-short-covering/
SPEX Says It Is Actively Exploring Opportunities Outside Of The Patent Monetization Space also,there is what to waiting for. i can really see this low floater over $10 not to long from today. cap is only $7m a/o today (2.9m O/S),while net assets alone (Total Assets minus Total Liabilities) about $9m + add this week payment they just received ($4.375M) and patent portfolio of millions(per financials),and you ended up with immediate value of way over $5+ PPS.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
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