What’s the numbers on the dilution talk? Basic math 4mm left in the contract, they should get 1mm in jun jul aug and sept. Why would they need to dilute now? I thought the burn was under 300,000k a month. Correct me if I’m wrong.
Bingo. That's why it's got to be a reverse split AND a dilution to raise some cash. Promise Nasdaq a reverse gets you another extension and the dilution gets you the stockholder equity compliance.
Only alternative is that Doc Hayward has some absolutely BANG news that drives the stock up past $1 AND gets those 0.44 and 0.50 warrants to convert and bring cash in.
It’s not something you have to think about until next January. They file a paper in June with Nasdaq explains their course of action and get a 180 day extension. Hayward’s good at this part of the business.
News 
Market Data 
Discover 
