Another 10 for 1 reverse split at 8 cents with another ~40 million shares at 80 cents would provide a war chest of ~30 million net and allow CCC to finally sort things out.
Finding another investor could be more expensive and may have to be done at a much bigger discount to market because it may take too long to find an appropriate investor.
If done soon, this latest 10 for 1 reverse split could be executed at ~8 cents and provide much needed stability to everyone including those derampers questioning if this is the end of CCC today.
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