|
|
|
|
||
Re: When is the next capital raise? EomEven “paid for” Ripple Research recognizes that BSGM is burning approximately $8mill a quarter. Last SEC 10Q filing end Sept 30 stated Bsgm had $17mill in cash. 3 months later meaning end of Dec (. 2weeks) they will be down to $9mill cash. That is only enough to get them through Q1 March. A capital raise is needed. Given the desperation it will be ugly. Look for deep discount , dilution and lots of warrants. The bigger issue is why they can’t sell PureEp and start to generate cash. Any word on the wiz bang NueroClear new device? Was supposed to have been launched by now. Anybody taking MMPD forward ? 😂 lol |
return to message board, top of board |
Msg # | Subject | Author | Recs | Date Posted |
1705 | Re: When is the next capital raise? Eom | IPHawk | 1 | 12/16/2021 3:19:20 PM |