Nice, very negative sentiment vs. lukewarm results and a lot of self-flogging by CEO. I like. It's clear they're still ramping up after a long period of research plus the recent acquisition. Mid- and long-term prospects are very interesting, on the short-term, looks artificially oversold by quite a lot. Good luck to you.
How can you say they are ramping up after this revenue disaster? Whatever Bologna has planned next will cost money and RGDX has none. He will have no choice but to dilute shareholders at $1/share. To be honest, I'm not sure who would be willing to invest anymore $. Talk about being blindsided. I thought worse case scenario was flat revenue for Q3. I'm starting to think more and more that the asset purchase from Pathwork was an act of desperation.
A new equity issue is a possibility. It may not happen as advances from new clients may provide sufficient cash. Any new offering would probably be a small one if required. RGDX may just be going through a temporary lull as more revenue is generated in the coming quarters. The stock is a lot safer to own now after the huge sell off. Small cap stocks are often volatile.