CorMedix Inc (CRMD)

[Rapture2020]

With the investor conference next week, they purposefully buried this on a Friday afternoon.

While existing shareholders are rightfully excited about not having to delist and go OTC, courting new investors with that overhang wasn’t something they likely even want to bring up while trying to court new investors.

For the lack of a better term, while the news is good for us, it’s a flower in the attic for CRMD.

The conference is at The St. Regis on 5th ave (rooms start @ $1,400 a night). No heavyweight investor(s) wants to hear about how a company just dodged a bullet by not being delisted during a sales pitch, IMO.

Also, I can’t say I am tickled about their presentation time: 4:40 PM next Thursday (the last day of the conference) may not exactly be playing to a packed house.

Lastly, if CRMD isn’t already being nibbled on and this conference is indeed vital to the company, then we’re not nearly along far enough to entertain talk of partnership or buyout.

In a perfect world, we’ll get an 8K next Thursday disclosing material information about their flagship product that is going to be included in the presentation prior to the 4:40 PM presentation.

In the end, I think we might have one hell of a week and a pretty strong September. If CRMD can close the gap to $1.05 by EOM, I think we’re in for one hell of a Q4.

My opinion only.

Good luck to you all!