RE:FinancialsSteveCohen83 wrote: I certainly am no accountant, but I can decipher some of what the financials are telling us.... Basically what I am seeing is a company that is in good shape financially... Perhaps a little shy on capital but seems like these warrants have probably raised a fair amount of capital... Should we expect an increase in SP again Monday based on these financials? Again I'm not expert, and a lot of you can read these better than me...
You're absolutely right,,, grea shape indeed. Projecting 6m revenue this year. If it weren't for their pdt division research and operating expense, they'd probably have 3m profit. Raising capital here is a good thing since we can see the progress, exstisting business expansion and cancer research that is justifying it. With every bit of DD, it looks like a junior bioscience company that has potential to breakout.