Replies to post #20861 on CV Sciences Inc (CVSI)

[ANIA77]

Disagree, once on Nasdaq they have easy path to do public offering. The plan is not to start trail until 2019. What pps we are going to be by then? Let's say easy $12.. and that's minimum imo.. they can do offering for 10M shares and get $100mln cash just like that.. 10M shares is not doing any dent in Shares Structure and whoever buys those shares, is going to be long term hold. We are going to see public offering imo hopefully they will push it as far in the future as possible so we could get pps up as high as possible.. but with no debt on books we are risk free investment, anyone would go after our offering.

[Vandalayind]

Suddenly the board thinks they will have to spend more money to make more money?

Where have I heard this before?

The entire industry making big moves, and CVSI paying off 850k in debt with "no plans to buy any more inventory for the remainder of the year".

Something does not add up.

[jefra1965]

I'm estimating $14-16M in FCF($8.1M last 12 Months) for FY2018. (FY Report in March'19) That's plenty money to get us to April or May without any debt.
With the stock above $20.00 (then) each $5M debt will take 250K stocks from the company.

How does that sound?

Assuming that the stock price will continue its uprise.

The company can borrow $5 to $10M (Just a number) every 3 month or as needed. Causing minor dilution and getting CV-007 through Phase I.