Jul. 7 at 7:06 PM
$JAGX this is valuable information. With
$40M worth of securities sold into market, there will be significant downside pressure. The company has
$34M in short term debt and cash burn of
$8-
$12M per quarter. Cash burn alone will attribute to a minimum of
$3,000,000 worth of shares sold each month just to keep the lights on. At
$2.68 per share, thats 1,119,402 shares sold per month.
