Well, today CGIX already declined to $0.135
in the After-Hours session! $0.185
has formed a very strong resistance! It seems CGIX will crash to Another New low $0.06
or even $0.05
in the coming days since its current Bottom $0.085
will soon be easily broken down...
Did the company already resolve most recent serious argument problems (see the link below) between the directors? https://www.otcmarkets.com/filing/html?id=13545011&guid=iiefUeiLHwLH63h
Anyway at $0.185
CGIX has $11,175,566.64 or $11.18M Market Value
v.s. it has $5.06M Huge Debts!
Even at its Bottom $0.085
CGIX still has $5,134,719.7 or $5.14M Market Value
which is still more than its $5.06M Huge Debts
I would sell out CGIX ASAP if I still owned any shares now because by selling just 100K
shares of CGIX at $0.185 ~ $0.145 one could correct nice amount of cash ($18,500 ~ $14,500
) which can be used to buy 4.7436M ~ 2.6364M
shares of its subsidiary stock (joke low $0.19M
Market Value now) at today's price levels $0.0077 ~ $0.0039!