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Forum - Wall Street Pit (ARCADIA BIOSCIENCES, INC - RKDA)    Stock Due Diligence for All

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From: weege (Rep: 325) reply to EPR53167Date: 08/14/2019 17:20
Forum: Wall Street Pit - Msg #2796581 - List RKDA msgs Thread #674094723 (Rec: 0)
Are you out? Re: The fact that they didnt even mention, much less actually explain, their spec...


Reply to EPR53167 - Msg #2796575 - 08/14/2019 16:58

The fact that they didn’t even mention, much less actually explain, their specific eps #’s for the quarter is somewhat laughable, mainly because they make little or no sense. And while admittedly it seems like both the GoodWheat and hemp market production potential does look promising, my concern is that the numbers as they are presented for this past quarter just don’t seem to make any sense. The clause about “change in fair value of common stock warrant and common stock adjustment” seems to me to be their way of presenting a number that may not be an apples-to-apples comparison. But then again, what the hell do I know? I guess my hopes of reentering sub-$5 May have been at least temporarily dashed - but hope springs eternal :).

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