Aug. 27 at 4:49 AM
$FCUV today wasn't as good especially since it sold off on higher volume.
I think the thing to watch for is they need to raise funds soon. They run out of cash by October. This places the stock at risk.
• Cash & Cash Equivalents: ~
$1.65 million
• Total Debt: ~
$11.12 million
• Quarterly cash burn rate: ~
$1.15 million
• 1 to 1.5 quarters of cash runway without additional external financing, asset sales, or equity dilution
• So most likely, on offering or some other form of financing is imminent