Monday, August 14, 2017 9:09:21 AM
As for the performance this quarter, if you take operating income and add back interest expense you get essentially $0 net income, which is good given where we have come from. With no debt or interest expense going forward (assumption since this was a subsequent event and they haven't provided a balance sheet in order to see clearly) we will see breakeven for this company with 5% gains q over q until we get the next catalyst, either ez deal or early 2018 market expansion.
The big questions for me now are 1) what do ez's financials look like and how many shares will be issued to close the deal and when. Looking forward to learning more about their financials and how the companies will be combined. And 2) how do they intend to back up their statement from a few weeks back on uplisting, maintaining a share price above $.01, especially given the fact that pink sheet day traders are able to move this stock down 10% with just a few thousand dollars per day.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM