CV Sciences Inc (CVSI)

[GE_Jim]

No, they are seeking a loan and they said as much. Dire comes to mind. As far as diluting the shares, sure, let’s look at that. At the current price for every 25,000,000 shares they dilute, they capture 1 mil in dollars. Their burn rate per the 10q for the first 9 MO’s is a loss of 7.5 mil. About 2.5 million per qt. So, if they do dilute that 2.5 million in quarterly losses to stay in business,they need to do 67.5 million, a quarter. But what you’re not factoring is what is that going to do with the price of the share, how is the market going to absorb it?
You know a better way is to finally sell their product, profitably. This falling sales month after month, year after year might just be the bigger problem.