Jul. 20 at 2:05 PM
$FLUX
The BOD has killed this equity by installing a 38M ATM that continually hangs over the stock.
#1. The M/C is just
$14M which has plummeted since the last EC 2.5 months ago.
#2. The equity is officially OUT OF COMPLIANCE in accordance with NASDAQ listing rules
#3. The company is in violation of their loan covenants as stated in the last 10-Q
#5. All HF’s sold above
$1 2 months ago (personal speculation) indicated by extremely low daily volume.
#6. IMO, appears like a low level buyout where only board members get paid off to approve