CVR Medical Corp V.CVM.H

RE:Stock Price After FDA Submission

[Looneytunes]

Its really difficult to predict as it largely depends on what else they do at the same time. The BOD will know that submission is a pivotal point in the development of both the company and the product and will be expecting a big increase in the SP - what better time to issue another load of shares so that they are able to start producing the devices. We haven't heard anything else from them about alternative funding routes and as they generally do settle debt by issuing shares I would assume that they will do so this time as well. If they do this then the SP will remain depressed but if not it may well jump 25% on submission but imo there are still way too many unknowns.