Dextera Surgical Inc. (fka DXTRQ)

[snakess]

The company has product and actually very useful, but management diluted everyone down dramatically. Just look at the plan as it unfolded from early May 2017 when the stock was over $1.50. Management knew they needed money and the funds that wanted to play knew they wanted cheap so management did not have a choice to let the funds short the stock down to a level that risk was reduced for the $8 million . The short was shorted most likely illegally and held by MM's. So with this offering completed there are now an additional 27 million shares outstanding plus the initial outstanding some 15 million. Now when the additional warrants are exercised their will be another 44 million - so roughly 90 million shares fully diluted shares outstanding if everything is converted.
Today we churned 11+ million share and the stock is under distribution.
see little chance of any major run. It is a pipe dream. The rev is tiny
and the growth on their own will be slow - The only real pay day is a major grabbing them. Assuming that can happen. We really don't know the size of the market- I don't think management has ever given investor's a market size.
It is too bad that management destroyed the shareholders - Aug 2016 the stock was almost $3.00 now over 90% drop.
the new herd thinks that a pot of gold waits- it is too bad that the last herd thought there was gold and they coal.
Be careful with the deal- management and funds do not care about you and will f+ck with ease