CorMedix Inc (CRMD)

[Rapture2020]

I am not expecting game changing news tomorrow as we still have another 6 weeks on Q4 and Khoso made it clear the data was a monster to work with.

What I am expecting is some solid guidance and management discussion about earnings, about where they are in the process, about the litigation in Germany next week.

I am also convinced they have been tapping the ATM like madmen (unless the recent drop from the 52 week high is solely the result of concerted and consistent short attacks). I’m not convinced short attacks are what’s entirely at play.

IF my hunch is correct—a big IF, CRMD Is piling up cash, it could mean a number of things, chief among them: CRO-related; money for second Phase III confirmatory trial which may be required; leverage or required cash as part of a partnership/BO; or even CRMD deciding to go it alone (gak!).

Almost outcome is a winner, but may require additional time—e.g. CRMD is asked to perform a confirmatory Phase 3.

I know everyone wants to believe we’re about to hit a grand slam, and hopefully so, but there are outcomes that shareholders must also prepare themselves.

Good luck all, we’re right around the corner to good things, IMO.