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CorMedix, Inc. Message Board

  • markak1515 markak1515 Mar 27, 2013 6:52 PM Flag

    Gems from the 10K

    According to the 10k, Joachim's strategy shifts in April to selling Neutrolin. This is interesting since it is not approved yet. I think/hope this means they expect to get CE Mark very soon.

    Also, their delisting deadline is now April 15th. Again, additional incentive to get CE Mark before then and hope the price goes up.

    56% of common stock is owned by Lindsay Rosenwald and insiders, Elliot, and PharmaBio.

    I remain hopeful here. On the bright side - CE Mark is likely just around the corner and it seems everything is in place to start selling it. On the darker side - they have no cash.

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