Wednesday, December 07, 2016 7:24:43 PM
That assumes Cyrus converts all of its debt at $3.00 per share. Sorry but that's debt. Also assumes exercise of a bunch of warrants that are way out of the money.
And this rubbish website doesn't even change the denominator to account for extra shares on conversion.
The overall point is that "institutions" aren't buying like many have implied lately.
This is a broken debt-laden penny stock on the verge of potential delisting or worse.
IMHO a total unmitigated disaster.
I can't see how it survives much longer tbh.
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Caller: But why did you back away from your prior guidance?
Eric Kelly: I am sorry? Hello?
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