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TOPIC: Unrestricted Net Cash Proceeds

Unrestricted Net Cash Proceeds 24 Oct 2017 13:08 #10338

  • rodney.strongg
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I posted recently that the Company should hold off on the RO as long as they can - unfortunately, that is likely to be no later than 12/27 (which is the Oxford agreement cash due date) unless CYTX can raise the $5 million through a private placement, a partnership, the ATM, etc. - however, more likely than not the RO will be necessary to achieve the "unrestricted net cash proceeds" of $5million!

PS - there is also the incredibly unlikely possibility of raising $5 million (or any) net cash flow from operations!:grin:

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Unrestricted Net Cash Proceeds 24 Oct 2017 14:42 #10339

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I presume Girao finally answered your mail.

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Unrestricted Net Cash Proceeds 24 Oct 2017 14:48 #10340

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fas wrote: I presume Girao finally answered your mail.



No, he is still incognito - conclusion I reached is totally mine!

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Unrestricted Net Cash Proceeds 24 Oct 2017 15:29 #10341

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rodney.strongg wrote:

fas wrote: I presume Girao finally answered your mail.



No, he is still incognito - conclusion I reached is totally mine!


Well done for figuring this out.

I prefer to wait with drawing conclusions, until we can read the wording of the deal in the forthcoming 10Q.

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Unrestricted Net Cash Proceeds 25 Oct 2017 10:10 #10342

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Fas, not sure if the technical breakdown in the SP today is just following the lower NASDAQ mkt. (currently down 67 points) or is internal????

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Unrestricted Net Cash Proceeds 25 Oct 2017 11:12 #10343

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Rodney

I personally think Tiago Girao's silence is good indication that the company is working on something. I always think he is useless to give us new information, beyond what is on the PRs. Yet, he is very hard working.

The departures of Marino, Hayden and others are good to reduce overhead cost.

I think the weakness in CYTX is probably market and sector related. CYTX is probably is different play - dead cat bounce. If there is any real good news for its survival and even growth, the stock may swing up and even run big. Let us hope for the best.

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Unrestricted Net Cash Proceeds 25 Oct 2017 11:37 #10344

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franshei
You don't think while they are in the process of raising money playing a big role for Tiago's lack of commentary ?
As far as other stuff...they have been working on other stuff for years...its closing that usually eludes them.

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Unrestricted Net Cash Proceeds 25 Oct 2017 12:47 #10345

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Franshei, I think that you are probably right on the price decline, particularly with volume not high - would still like to see a move back above .50 before the day's end.

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