chuckjackson
$PAVM $LUCD so here's the deal. Tonight may be the last chance for a draft for 2026. For drafts released tonight, the 45day review period will end on Nov 15. The following week will start the holidays with Thanksgiving week. My assumption is after this week, the next chance for a draft will be next year to avoid overlap with the holidays. The bad news is that it means 3 months of cash burn. Here are the consequences. 1) lucd has been trading under $1.X for 25 days. They will most likely go out of compliance in a few days without a draft tonight. 2) They are running low on cash and will feel pressured to raise funds. They will find it hard to raise funds on favorable terms if they are out of compliance and will be forced to do a reverse split soon. 3) the 3 month delay is even more problematic for pavm as they are low in cash and have no means of generating revenue and will drive the stock further into the ground with the atm.
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