So annick and brjj is it a reading problem or comprehension problem? And annick you won't look so dumb if you know what the rules of the exchange are or read the SEC filings and learn the company's been selling shares through the ATM at a much lower price than a dollar. Of course you pumpers ALWAYS IGNORE facts it interferes with your fantasy world.
by justmeagain7•Sep 29, 2013 9:12 AMFlag
They may be raising enough cash by Monday's deadline through the ATM to get the exchange to grant another 3 month extension for financial impairment?
On September 28, 2010, we entered into a Sales Agreement (“Sales Agreement”) with Brinson Patrick Securities Corporation to enable us to use Brinson Patrick as a sales manager to sell shares of our common stock from time to time in “at-the-market” transactions pursuant to our shelf registration statement on a best efforts basis. For the year ended December 31, 2011 we sold 10,487,867 shares under this agreement for net proceeds of $4,530,129 and for the year ended December 31, 2010 we sold 935,200 shares under this agreement for net proceeds of $418,303.
Net cash provided by financing activities was $6,591,891 for the three months ended March 31, 2012. This included a registered direct equity financing with three institutional investors of 17.9 million shares of Cardium common stock priced at $0.28 per share with no warrant coverage for net proceeds of $4.5 million and through the sale of 5.2 million shares of common stock under at-the-market transactions for net proceeds of $1.9 million
Brjj7 = zeddkly = annickawaechter = Penny Pumper.
CXM current Market Cap: 7 Million and some changes.
CXM is in Discussion with Strategic Partner since 2011, the Conversation may be at the Wine & Champagne Pool site Party.
Down, Drowning GoTo Brand, Ghost Insurance.
Is there any value in any Sale Distribution Deals since 2011? Academy, AvKare, N. and S. Carolina?
The Incompetent CEO & BOD Mislead CXM Shareholders.
CXM Share Dilution Scam never ending to pay Huge Wages to the Incompetent CEO & BOD for Life.
CXM Parasites & leeches will be burned to the Hell.
CXM Cheaters, Scammers & Crooks will pay for their Crime.