Originally posted by mr_delta
any idea as to when was the last CR? I don't recall any previous CR here...also, they had 1.25m in cash at the end of last quarter and are projecting 600K spend this quarter, so there was a slight chance that IF any big income was not due in the coming months a small CR was expected... and it has... so not the end of the world...
I remember a few months ago when AB1 started making some small but good announcements and the sp started climbing from 3.7c, they had a CR too and everyone was expecting the price to fall below that CR... guess what, the price never went there and almost doubled in matter of a month after the CR...
so not all CRs are born equal... some are launching pads IF done with the right intent...
You are right. This is the first one since the RTO. From what I hear it is a modest one.
