Khiron Life Sciences Corp V.KHRN.H

RE:RE:running out of funds

[Kyle2020]

the company is going broke. they are running out of capital, all their revenue related projects are not succeeding - their health services "ilans" in bogota is making money but nothing to justify their valuation or keep their burn rate afloat. At the end of the day there are two options, raise capital dilluting shareprice and putting downward pressure, or they get aquired which could be good or bad for the share price depending on how desperate they become. This has been my opinion all the way down from 3 dollars...and if i could get a nickle from every time i heard someone say how great it would be to buy cheaper shares.....well id be rich. but how has that worked out so far. the big problem is that their burn rate is unsustainable, but worse, they are amateurs. its all good news and marketing but at the end of the day their projections and business model are flawed and badly managed. glta