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Re: MakinBank post# 29975

Thursday, 05/06/2021 1:23:47 PM

Thursday, May 06, 2021 1:23:47 PM

Post# of 31325
Tom hasn't filed the new 510k. That means eons before FDA clearance and boatloads of cash to stay afloat aka dilution city.


He doesn't seem to care if pr'ing updates will save the company a couple million market cap



This is correct. The priority is the cash lifeline of convertible note holders not shareholders. Noteholders want the share price on a tight leash for the next round of conversions. The anemic volume is your first clue that the .02 floor break is imminent.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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