the market is saying they think medytox value is 65 million. the liquidity is in clrx not medytox regarding trading.
The risk is a 5-1 reverse split which i think is coming then another pipe deal to raise money which would bring the value down dramatically from here. i think the reverse split is coming- i know they said they dont need money but they always say that. acfn has limited cash now plus 2 companies losing a lot of money being offset by one company making money which is not lot room for error or DSI will make 4-5 million but the other companies i have will lose 4 million so not lot of wiggle room.
The article from yesterday mentions they are doing a deal that provides research for cancer patients-it doesn't mention clrx. so why would they MMMS mention that yesterday unless they thought deal was going thru-
the same old problem is Moore because DSIT value is there i agree but why not just back it in to ACFN change the name and get rid of everybody? So DSIT will throw off 4-5 mill but the other companies plus corporate will lose same amount? How much money has gridsense lost-its a massive pig.
The have 2 money losing companies-get rid of them. Why are they paying Moore or corporate for anything-he has nothing to with Israel? Back DSIT into it-change the name and your right.
read the 10- the got 2.6 million in cash. omni and gridense are suppose to be cash neutral in 2016 not this year. in my view no shot on these 2-see 80% of ACFN companies. DSIT cash flow is suppose to cover the shortfall but their are no assurance on this? They can raise cash public market or selling assets-ie nothing to sell? How much is corporate expenses in 2015?
no way-look for big reverse split and another pipe deal in the next year. Go back and listen to all the calls since 10$ all the way down about funding and potential? i think you will get a hype trade again but wait for the reverse split-probably 5-1
near term future looks great because of oil and latex dropp which big component of cost. the company should be sold in the future .
What happened to Funbox? The deal with QIHU don't you think they will get some upfront cash when the game is launched?