Cardiff Oncology, Inc. (CRDF)

[FloatinGator]

Probably just going to swim around here for a minute minus their monthly burn rate.

March 31, 2018
reports cash and cash equivalents of $6,657,158
with 59.4 Million Shares outstanding
Average Share Price week before earning (divided by 12 for R/S)
?Mar? ?29?, ?2018 4.08 /12= 0.34
?Mar? ?28?, ?2018 4.44 /12= 0.37
?Mar? ?27?, ?2018 4.68 /12= 0.39
?Mar? ?26?, ?2018 4.68 /12= 0.39
?Mar? ?23?, ?2018 4.80 /12= 0.40

June 4, 2018
reverse split
12:1
4.9 Million Shares O/S

June 12, 2018
Closes on $18Million offering- Proceeds ~15-17 Mil?

18,280,000 shares plus warrants
+2,700,000 shares to agent
= 21 M shares at offering

21 million shares
+4.9 million shares
25.9 million shares New O/S

~$15 M Cash from offering plus cash reported Mar 31 plus 1 X earnings $505k

$15,000,000
$6,657,158
$ 505,000
________________

$22,762,158 divide by 25.9 M shares = 0.878 cents per share minus their burn rate over the last 3 months