CorMedix Inc (CRMD)

[Lazerking40]

Hate making predictions with timelines, but this is what I think/see. The recent Elliot financing in Q4 called for the purchase of series F stock at $1,000 per share. These notes get converted on April 2 into common shares based on the lower of a set price or March 31 close but not to exceed 13+M shares. The PPS is about as low as it can go for Elliot to maximize their investment in this agreement. With that said, we probably remain stagnant until April. I also see several larger share purchases each day in the 10-20k share range. Volume isn't great, but I think tutes are taking advantage of this floor PPS as am I. After that, who knows, but I am confident in the science and think this is a golden long term hold. All my opinions only!