Friday, February 23, 2018 2:18:47 PM
Those March notes converted after FY2017 but before the Q1 10Q came out... so maybe those have already been sold.
At current volume it's going to take a while to cash out those 1M shares. They can probably leak an avg of 20k a day without tanking the price so it might be about 2 months before they are all cashed in.
I loaded some yesterday @1.3 but maybe in hind sight I should have waited. There might be some cheaper shares than where we are at now.
IMHO if we continue to stay above $1 before summer hits we're in good shape. I believe with the C3 acquisition they are in good shape for CA but I do wonder about cosa mesa... Hopefully they get licensed and certified in time. There is no reason IMHO they can't pre-stage equipment over at C3 ahead of obtaining licensing in Cosa Mesa.
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