CryoPort Inc (CYRX)

[ConstitutionNow]

Not sure just yet, if they needed money THAT bad why would they only offer the .57c incentive on 2M of the 4M warrants? At Sept '17 they had $15,397,512 cash. If they're quarterly burn is lets say $1.5m they should still have $11M'ish in the bank, if they convert 1M of the warrants that's another $3M.

The only variable here is the commercializations, however we've heard they will be somewhat slow ramp so can't imagine huge infrastructure investments? Unless they have some other demand from the 2-8 degree they need to invest in. AM I missing something? Are they building hard facilities around the world?

I think anyway we slice it here, if they do need a cash infusion, its for hard demand, we're moving into growth phase here, so if they do a cap raise it shouldn't be at a huge discount to market, and a $10m raise is only 4M or so shares, so at least we have much lower dilution...finally! Still believe solid stock long term(and not 10 years like many have waited).

And boy, is that $9 mark a battle...if we can close above 9 for a few days I think the next move up will be quick.