Khiron Life Sciences Corp V.KHRN.H

RE:RE: Horrible First Quarter 2020 Results

[Kyle2020]

sure cash burn is as expected because they are hemmoraging money. and as expected the stock tanked with the results. as expected, that will continue until they get their exenses in order or go bust. But what really bothers me is the aspirtime reporting: kuida sales grow by 18% - wtf does that number mean. last quarter 6 relatives of khiron employees bought their face cream, and this quarter it was 6 relatives + a friend of someone. I urge anyone who is thinking about losing money here to closely look at the numbers and ignore all the hyperbole that comes out of this company. At best it is misleading. As also can be expected was the deluge of paid articles highlghting all their achivements post earning. At this rate, company is bust, or raises more cash at lower valuation, or is aquired at a discout in 2.5 quarters. At present their valuation is still too high. gl