CorMedix Inc (CRMD)

[desarcmo]

People are running for the doors because of the upcoming dilution to raise funds. Don't see any way around that but the payoff still has the potential to be enormous once sales and production are on line. They have enough cash to last into early next year. Lot of things can happen between now and then. Partnership or buyout most likely scenarios, especially with PPS dropping like a rock. Buyout worst scenario for shareholders. May get some cash back but no need for anyone to offer a sweet deal to CRMD. A partnership will still offer the opportunity to enjoy the future cash income and PPS will eventually rise. This is still a crap shoot even though FDA approval appears to be likely.