InvestorsHub Logo

jfk

Followers 4
Posts 381
Boards Moderated 0
Alias Born 05/10/2007

jfk

Re: JohnCM post# 77

Saturday, 05/29/2021 9:25:53 AM

Saturday, May 29, 2021 9:25:53 AM

Post# of 82
$0 cash by end of Q3. Will need to do raise, in Q2, from weakness/no cash catalysts upcoming.Unloading staff to minimize payroll, but that won't be enough. Change of distribution system may compound their problems in the short run. Big downside risk for financing: $.25? Keep powder dry until then. Good little company, but its on thin financial ice.......
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.