Jan. 10 at 9:12 PM
$COCH [Stochastics] Double bottom at/around
$0.65, ATL as the Company continues to quietly secure intellectual property and continues its progression on Acclaim study.
$16M placement in October,
$1.33 strike price not yet reflected in financials. Non-compliance issue with Nasdaq requires resolution. Debt has been eliminated entirely,
$20M Cash (appx) against $(15)M Total Liabilities, which equates to a Cash runway of appx 12-15mos. The Company needs a partner agreement (IMO) similar to
$RANI. If/where that is secured and the Company regains compliance, multiplier upside (IMO) from this level. Start/Build/Add at
$0.65 support line which might see a triple bottom retest. 100% upside to Oct-2025 placement alone.