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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: JanyBlueEyes who wrote (5135)5/27/1999 11:49:00 AM
From: Don Westermeyer  Read Replies (1) | Respond to of 5736
 
that the company COULD issue some shares AT SOME TIME IN THE FUTURE??? I don't think I'll worry about that unless it happens.


It will happen with the next 6 months unless they can actually make some money on their products. Considering they don't even have any sales I find it extremely likely they will need to dip into the equity markets for cash again.

When/if they actually announce a floorless convertible (since the company has no tangible assets I doubt they will get a favorable loan) the stock price will get whacked hard.