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Thursday, October 08, 2020 8:36:40 AM
Surna is low on cash. July contracts will provide relief. Dilution concerns remain. On the other hand, there are elections pending that will allow an increase in prospective clients. Currently the concentration of contribution by client is limited primarily to three primary customers that make up 60% of revenue. Much better than prior year when one customer made up 60% of revenue.
The product portfolio has expanded so that Surna can pursue most of the trade as opposed to previous limitations (100k sq ft or smaller).
Pending acquisitions could push Surna to the forefront of this industry where it belongs.
Recent CEAD News
- CEA Industries Inc. Announces Reverse Stock Split to be Effective June 7, 2024; Publicly Traded Warrant Adjustment • GlobeNewswire Inc. • 06/04/2024 08:15:00 PM
- CEA Industries Inc. Reports First Quarter 2024 Results and Provides Update on Strategic Review Process • GlobeNewswire Inc. • 05/14/2024 08:50:00 PM
- CEA Industries Inc. Reports Fourth Quarter and Full Year 2023 Results • GlobeNewswire Inc. • 03/28/2024 08:10:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:05:03 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:04:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:04:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:04:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2023 10:19:04 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 11/30/2023 09:00:22 PM
- CEA Industries Inc. Reports Third Quarter 2023 Results • GlobeNewswire Inc. • 11/14/2023 09:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:00:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 09:27:27 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 10/26/2023 08:26:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/13/2023 03:01:38 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 10/11/2023 06:45:32 PM
- CEA Industries Inc. Reports Second Quarter 2023 Results and Initiates Review of Strategic Alternatives • GlobeNewswire Inc. • 08/14/2023 08:05:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:00:46 PM
- CEA Industries Inc. to Hold Second Quarter 2023 Conference Call on August 14 at 4:15 p.m. ET • GlobeNewswire Inc. • 08/07/2023 12:00:00 PM
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