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NewJerichoMan

01/27/18 10:34 AM

#3585 RE: growacet #3584

They only raised 12.5 million in December.



They lost ~$20M in 2016. They're on pace to lose ~$20M in 2017. After that "only" $12.5M raise, they had about ~$20M. To not expect dilution, even from a serial diluter, for an extended period of time wasn't unreasonable or a sign of "lack" of DD. And don't even get me started on those fkn warrants.