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22na22

03/12/18 1:06 PM

#31014 RE: AlphaInvestor8 #31011

The cash does not account for the nearly $1M from the recently exercised warrants or $7M of MRMD stock which is easily convertible to cash in small increments as needed, of which WDDD has repeatedly stated it plans to fund operations in the short term with.

At an average of 500k negative operating cash flow (-680K, -480K, -95k, -1.1M), that's 16 years of cash flow burn without any dilution necessary. Maybe a couple fewer years because of the capital gains that would be paid when sold.

You continually ignore the significance of the MRMD runup from the .10s to 1.20 (roughly a 7M gain in one year).
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Hollycoop129

03/12/18 1:29 PM

#31017 RE: AlphaInvestor8 #31011

In our model, we have them having more than enough cash as cited by another who answered the question before me. Legitimate concern and glad you brought it up, but we are very comfortable in our expectation there will be no need for additional share issuances. As noted, company is in best shape it has been for some time. Cautiously optimistic. Like the risk versus reward, highly favorable.