CN, BLFS went from 35% sequential revene growth to zero. CYRX sequential revenue is rather steady, 10% -20% growth. We are probably unfairly getting hit based on revenue comparison... But there is a lack of confidence in our CEO.. I think that has some bearing on our equity performance as well.
Anything over 5 million in sales, I would be happy with. What the company has to do on the CC, explain the opportunities.. Be Match, World Courier and Mckesson for example. What does this mean is terms of sales going forward.
The ATM is actually a smart way to play an offering.. The concept from what I understand, create a significant bullish news event, which in turn creates liquidity as the stock appreciates.. I think the company thought they had that event in both GILD and NVS Europeans approvals. We did see a major volume surge at the end of the last quarter, hopefully capital secured. I think what is happening now is all BLFS, but CYRX needs to step up and prove to the market, we are two independent entities..
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