% | $
Quotes you view appear here for quick access.

Response Genetics, Inc Message Board

  • keltus1952 keltus1952 May 8, 2014 11:01 AM Flag

    Need for more operating cash?

    Soon, but not right now. Probably in Q 3 unless biz really picks up quickly, which seems unlikely at this time.
    They'd be foolish to sell shares anywhere near the $1.00 level. Their balance sheet is pretty clean right now with no debt.
    They could borrow "up to" $10 million to last them until sales momentum is realized. Just too low of a stock price to dilute at. Only good thing about that (diluting with shares) is that there's only about 40 million outstanding right now, so another 5-7 million wouldn't hurt real badly. Would still prefer they go the debt route.

    OR SOMEONE COULD JUST BUY OUT THESE BUMS. I'd gladly take $1.50 at this time


    SortNewest  |  Oldest  |  Most Replied Expand all replies
0.0250.0000(0.00%)Aug 10 3:59 PMEDT