Aug. 8 at 2:25 AM
$IDXG Very respectable quarter given the PancraGen overhang. Revenues are within 80% of what they were when PancraGen was around. Cash flow positive and cash flow will dramatically increase after the October 1 debt is extinguished.
The PancraGen delay undoubtedly saved the company in that PE gave up their preference and a good chunk of the (then)
$12MM debt got paid while it was around.
Waiting for the Q. But with
$3.3MM disclosed in July? We're talking revenues of close to
$40MM without Pancragen. At 1.5 times revenues? That's about
$60MM. 27MM shares. That's a bit over
$2. I think that's we're sold and that's where I think we're going.