NNVC Trade on Jan 30, 2020 14:42 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, 11.50, 12.80
-Second up swing, respecting trend line on 15 minute chart

Original Plan / Strategy

First Test long of 11.50 level

Review

PA was crazy, got in and out very quickly but only one lot got filled before it bounced significantly (price was whipping around a lot):