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blue_skies

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blue_skies

Re: blue_skies post# 236

Thursday, 05/14/2020 9:22:33 AM

Thursday, May 14, 2020 9:22:33 AM

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The return of the $1.5 million from the PPP program and the releasing of a preliminary prospectus, though distinct actions are tied together. KRMD medical is in the midst of a large influx of orders as a result of the acceleration to home infusion. Plainly speaking the company proactively and prudently is seeking access to additional capital to cover growth.

No investor likes the issuing of additional shares. The company needs to be able to fund its growth.

Finally I should say I was surprised to receive a preliminary prospectus. I knew there was a large number of orders coming in but I thought there was enough money in cash to cover operations throughout this year.


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