NNVC Trade on Jan 28, 2020 13:07 from beno: Tradervue User Stock Trades.

Fundamentals

As of: Sep 30 2019
Shares Outstanding (latest from broker): 3.854m
Cash: 875k (+7.5m from Jan 21 prospectus) = 8.375m
Current liabilities: 2.656m
Current ratio: 0.50
NWC (total current assets - total current liabilities): -1.319m
Accumulated deficit: 94m
Book value per share (Stock holder equity / Shares outstanding): 2.369
Monthly Burn rate (net cash used in operating activities / months): 478k
Estimated current cash: 6.463m
Baby Shelf Exemption price per share: 19.46

Catalysts / News / Painting the picture

Warrants: 350k @ $12.20
20:1 R/S on September 24, 2019
March 1 2017 S-3 with $242m still available to use before March 1 2020
Nov 29 2019 S-1 for $11.5m, $4m is left on this S-1
Jan 21 2020 prospectus using above S-1 shelf for $7.5m @ $3 per share
Enough cash for 13.5 months of operations now
Coronavirus sympathy

Technical Analysis

-Levels: 10, 10.60, 11.50, 13
-Went from 16 to 18 on low volume in PM, downtrend from there
-All day fader like all other Corona virus stocks today, hype dying down

Original Plan / Strategy

First Test Short of 10.60

Review

Only two lots got filled on the way up before the bounce, and I failed to hold half of my position for a bigger move. Next month I would like to master my exits and hold for longer!