Aug. 11 at 6:59 PM
$ECOR one of my favorite things about this stock in the past was their ability to easily raise money when needed. Equity offerings with eager buyers aren’t that big of a deal. Now that the debt financing has begun, it paints a pretty dire picture for the company. Everyone within/connected to the company is not willing to pitch in more. I wouldn’t imagine it goes much below a
$15 million valuation (close to cash value) without a bankruptcy announcement, but who knows.