Not all pumps come from within the company, but when they accompany a PR the odds go up that they are.
The latest 10Q shows a low convertible debt amount, but it may well be that since that date more debt has been raised and without knowing the terms it is possible that they allow conversion at any time - even prior to maturity - which is usually at least 6 months.
I thought the converts would have been done by now based on what I saw in that last 10Q but with this week's pump and volume coming in without much of a price rise, I don't know.
I reached out to the company a week ago or so to try to find out more but haven't gotten a response. The float is so low here that the stock could fly but that's not going to happen if there is continuous dilution. THe recent financing for $890,000 in the form of apparent restricted stock sounds great due to the usual 6 month lock-up so we may be in for a nice window of no dilution and very exciting news, but when will that combination happen?
Recent AFOM News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/14/2024 01:20:43 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/16/2024 10:22:40 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/16/2023 07:11:05 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM