InspireMD Inc (NSPR)

[finesand]

at this point, yes - great news for sentiment turnaround needed

however, 20c is NYSE MKT threshold as noted earlier.

Equity is around $9M by now, almost all cash
w/ 38M OS, so 23.68c/sh.

Burn is around $2.2M per qtr (operational loss).

The real issue here is in our view Sabby shorting
and the convertible preferred still diluting?!

Last 10-Q showed they still have 17k Series-B and 61k Series-C,
which once was at $3 and now still at $1.75 out of the money.
But they surely have their ways to lower the strike.

So maybe it needs a good driver to shift sentiment
if the shorter are willing to.

Timing ..

Otherwise cash shall be OK for ~3 more qtrs, having completed 4Q18. So yes, it should be news like revenue for cash flow positive.