Past several months, they have sold $2.4m in Pepp (based on that presuming $1 per pill @ 40% to 60% net contribution = $960k to $1.4m) plus the $240k announcement of Bird Flu kits sale plus that they haven't withdrawn from fortrend facility for a while now, indications are cash position should be alright for now.
Maybe speculations are capital raising for the Anheal Deal.
Whatever it is, I don't think a normal capital raising warrants a trading halt.
Somehow, I think there is an upside to this announcement. Just gonna wait, Pray! and see.
RBY Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
