GREY:ICOTF - Post by User
Comment by
SuperMoneyon Jun 08, 2018 1:19pm
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Post# 28146851
RE:Banko or Dilution???
RE:Banko or Dilution???Please see another one from Hotoffthepress.
Hotoffthepress wrote: $632K in cash as of March 31st but bured $414K in R&D in Q1 with a mention R&D expenses to grow? That leaves them a $215K in another 4 weeks (end of Q2) .... that leaves about 6 weeks of cash or until mid August. Sure there's a hopeful $200K in R&D credits, but when will it arrive, if at all? Who's gonna finance a 3.5 cent company? Probably would have to issue millions of shares at a couple pennies?? Not trying to be negative here, I would invest if they had another $2 million in the bank - but they don't. It doesn't get any riskier for current Investors .... they need a Hail Mary! Good luck, I think I'll pass.