Cash is critical for companies that are not making $.
It's their life line needed to continue operations.
Cash is not Free or easy to come by anymore for these small companies. Investors don't have an appetite for risk anymore like they used to.
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Some small companies with try to stay listed by issuing new shares thus diluting this float.
Others will reverse split to attempt to stay over the $1.00 Minimum price level thus becoming a target again for the shorts. Others will just voluntarily leave the Nasdaq for the OTC. twitter.com/MasterBJones/s…
