During my first 12 months, I have 4 key priorities that are designed to increase shareholder value: First and foremost is to secure capital. In this effort, I am, of course, working closely with our CFO, Keith Goldan. As we announced this morning, we amended our credit facility to reduce the amount of unrestricted cash that we are required to maintain from $3 million to $1 million. With this amendment, we believe our existing cash and cash equivalents will be sufficient to fund debt service and interest obligations and continue operations until the end of the third quarter. To meet our capital needs beyond this point, we are considering multiple alternatives to ensure that we're properly capitalized to achieve our objectives.
NuPathe Management Discusses Q2 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.