Just found it. Thanks for the heads up. At least they didn't dump it all. Not sure which way this is going to go. Wish we would have some up date from the company.
...or just suck it up and hold/sell the massive loss I've accumulated here. Trying to determine if the Company is going to file for b/k. The numbers don't look good. But can the Company turn it around? If the Company is filing for b/k then the current price is high. If the Company is going to survive then imo the current price is low. Any thoughts? What is the likelihood of bankruptcy here?
go to nasdaq website and on the rgdx page you'll see under market stream, i didn't have time to read it, they own now 4.99% ?
Filing came out today, check SEC but short version they filed a SC 13G/A in which they report being owners of less than 5%. (3.8%) They hold combined about 1.5 mil, a reduction from whats on the rgdx website.
The only filing I see is when they sold ~76000 shares in 3/2015 when the stock was in the .50 to .70 cent range. Unless you have some other news?
AWM investments reduced their position in the company. cutting losses? Its starting to look like being underwater is a possible theory. Migone probably did avg down and is now way underwater. -90% +- on that first 3mil investment, as for the second investment need to check up on that. I'm guessing hes not going to convert those .37 warrants for shares anytime soon either.
A reverse split would have only fixed half the problem. That would not have fixed the minimum stockholder equity.
88364 global-up 40.39 %
88364 technical- up 44.58%
88365 global-up 14.71%
88365 technical-up 19.75%
88366 global-up 13.57%
88366 technical- up 17.55%
This is great news for them if it goes through (usually does). Contracts are generally negotiated with insurance companies as a percentage of these rates. So those rates will all go up too.
I noticed you are still here whining and crying , blaming others for your decisions
.18 was the high yesterday, you are a rookie aren't ya, explains your non stop whining
That tells you everything you need to know. These two pumpers were posting 20xs a day with their wild #$%$ speculations. Losers both and hope they lose all their money here.
I don't know if it could have been done, but they could have done the reverse split to remain in the nasdaq and then dilute at a good price to get cash. Max ammount of shares is 70 millions....
I must be missing something right?
I wondered about that too, seems odd they haven't updated there webpage. I checked and seems there director of information technology is no longer employed with them since june. So that could be a reason.