this broken POS stock is dead money so when will crede place their plan in motion??????/ When will 19 million shorts cover???? When will revenues meet cash burn???? NEVER
its always going to be something with this company, CRL, crede deal, dilution, sales slower than expected, now a new partner good grief.
sales will take years to earn 5 million a qtr if ever see you in 2019 with a billion shares outstanding and 25 cent price
NAVB record lows 9 months post FDA approval, with 140K in sales not looking so good, yeah it was vouchers , ok so what would have sales been 300K bog whoooppp cash is burning baby
Sentiment: Strong Sell
I just don't see that even if Seek is adopted as projected, the cash burn will not be sustainable even with market penetration. So at some point they will dilute once again perhaps in early 2015. I am stuck with 3.19 basis and would be happy just getting back my money at this point. That even seems like it wont happen. I am having my doubts. Every time they say its a buying opportunity it goes lower.