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Re: CYRXorbust post# 10465

Tuesday, 05/09/2017 9:21:23 PM

Tuesday, May 09, 2017 9:21:23 PM

Post# of 12137
Positive report from zacks today, posted on yahoo finance if interested. It says cash burn has been flat last number of quarters and current cash on hand should be sufficient for 2.5 years at the burn rate. They also pointed out they have done very well cutting operating(?) expenses while growing revs. Gross margins up nice again, from 42 just last quarter to 46 this quarter.

They must have indicated on the conference call the last capital raise was to assure the customers about to commercialize they have enough resources to support them. We can hope its the last...we may be close (within a year?) of finding out if their business model is very profitable or not.

Too bad I didnt wait until now to invest, seems like now it's gettin real, with decent numbers and 'real' opportunities in the pipeline.

Might try for a few more tradeable warrants in the .80 range...
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