More room to go. Now at 0.185 a new all time low low.
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What kind of board member would sign off on a 12% revenue increase to $3.8M while running more than $20M loss i.e open chequebook on SH funds? Valuation around $15M so $0.03 share price. What does Chelsea think?
Head for the hills while you can...$10m CASH IN BANK.
Looks like cash only can last to at best September
Someones definitely trying to game the share price for the next cap raise - buyers beware
ATM was once about 5% of my portfolio, and now it is over half. PLX and BLT were once way underwater. On the other hand, SUM and HGH were once a lot bigger. There will be another cash raise. Probably soon.
But the product is capable of taking a huge chunk of a very big market. So for six hundred bucks (even if about to be further diluted), I'll stay in the game.
Trouble with a company like PEB the future is only an announcement away, when that will happen is anyones call, imo it is too late to sell away atm so the real question that we all have to ask ourselves is " do I subscribe more money to this cash pit or do I wait for the "good news" announcements?