EMS normal business negtive cash flow around $2million every year, plus $1.3m just for 11b trial, I am not sure how much does the final trial cost, I estimated at least company need capital raising around $5 million.
that is why somebody converted notes first and sell on the market after announcement, they can get back another notes.
EMS remind me of VCR stock, at last it went bankruptcy.I lost lots of money. VCR is unique technology with artificial heart,and the trial was very successful. It also did final trial in US, At last nobody would raise money for this company. It is very sad story.
I worried about EMS future. I did not see the their management skill at moment.
EMS normal business negtive cash flow around $2million every...
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.523M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 227968 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
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