InvestorsHub Logo

sab63090

02/15/19 8:00 AM

#18419 RE: Fosco1 #18415

Fosco, I agree that estimates of survivorship is just an estimate, but he has, in the past, been able to raise money to survive and will most probably continue to do so....but we both see the $6 mil in the company's wallet and both know the cash burn (give or take), so more money might be needed without warrant exercises...some which are at a very low strike (below $2)....let's see what happens and how the stock trades in the next month....I have been thinking higher rather than lower....damn, we've been around this price level for more than 15 days.