BioSig Tech. (BSGM) & Electrophysiology Sector - 8K out - Mayo Clinic just invested almost $1 million in BSGM stock - exercising their warrant 9 mont - BioSig Tech. (BSGM) & Electrophysiology Sector - InvestorVillage
BioSig Tech. (BSGM) & Electrophysiology Sector
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Msg  200 of 1316  at  7/8/2019 3:59:37 PM  by

Rob Cos

The following message was updated on 7/8/2019 8:46:44 PM.

8K out - Mayo Clinic just invested almost $1 million in BSGM stock - exercising their warrant 9 months early (remember they have a 10 yr research collaboration) ....

  
  
 Good sign imo exercising this warrant so early - gives the company another almost $1 million..
 
Mayo has had some very successful healthcare investments in the past with large gains like EXAS and NVRO.
 
10 yr collaboration working on Cardiac, Neurology, etc.... 
 
 
This adds to their largest cash balance in history - good for the next yr at least into commercialization later this yr.
 
Remember from last months press release:
 
     
“BioSig has more cash on its balance sheet today than any other time in our 10 year corporate history, which should be sufficient to finance our operations for at least 12 months.”
 
 
 
 
 
 
 
 


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