MERUS LABS INTERNATIONAL INC T.MSL

Is this why we are dropping today ?

[Volcom370]

At the end of fiscal Q1 2017 the Company temporarily secured an increase in its revolving credit line facility and relaxed related covenants on its senior secured debt in order to increase financial flexibility for 2017. I really find the numbers aren't that bad, so is this the reason for the drop ?

[retiredcf]

It might be just the usual market games. A few minutes ago, there were large bids at $1.04 with only a few asks at $1.05. Then suddenly they backed off a bit and here we are. I certainly think there's interest in buying around these levels, they're just testing the water a bit first. GLTA

[lscfa]

Q1 numbers where lower than Q4 which spooks the momentum traders but the stock is so undervalued that it is unlikely that price will fall much.....

[lscfa]

p.s....accounting income is distorted by unrealized fx gains/ losses which fluctuate wildly from qtr to qtr...investors need to see past these distortions....     Dec 16 Sep 16 Jun 16 Mar 16 operating income -$        3,711,249  $