***2 drivers that could cause CNTF to make a crazy run to the $5-$7 range***
I emailed the company suggesting they request a reverse split analysis with their underwriters. Also I advised the company to release an 8-k shortly to disseminate the cash deposits of $19M that, from my understanding, are NON-Refundable. Just these deposits aside represent 50% of the current market cap. This is ignoring the 14.9M in cash and the $380M in real estate assets and construction deposits that exist.