OTCPK:VLRXQ - Post by User
Comment by
dmacdon Nov 15, 2018 4:01pm
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Post# 28982521
RE:RE:Great Potential
RE:RE:Great PotentialYep. Massive dilution with major haircut on SP. Distribution agreement revenue pushed out to 2020 per conf call. Prospectus says 44m x $.68/sh with double warrants. Not stated if the SP is firm so could be lower still based on some other recent financings. Currently have 2 qtr burn rate and this will roughly add 2 or 3 qtrs. Lots of hope that management will deliver results.