 Hey traders, this is Tosh, I go by T Bradley 90 in the My Investing Club chat, a general reminder for those who do not know, MIC is having a one year anniversary event where Bao is going to be trading live in front of our members. It's coming up August 17th, mark your calendars. As an added benefit for our members, the event is 100% and exclusively free for annual and lifetime members, while lifetime on top of that get extra coaching before the event and guaranteed front row seating. While most charged for these events, we show our support by making it again free for annual and lifetime members. If you are interested in signing up for this event, DM T Bradley 90 in MIC Slack chat and or email myself at Tosh at MyInvestingClub.com. Now we have a very special video for you guys this week as Chicago trader, real name Matt, one of our head moderators, does his fundamental analysis weekly review. This is episode 27 and let's dive right in. And while today is just a preview of the full length video, if you want to watch the full length or any of our exclusive content that become an MIC member. Hey everybody, what's going on? It's Chicago trader checking in for the weekly fundamental video here last week of July. So summer's been pretty hot overall. So we've got a few names I wanted to kind of go back and check out, see how it done. First I've been kind of reviewing, trying to collect a little bit more data and stuff and finding some more commonalities between things that hold up, don't hold up, etc. So just to start off, I'm going to cover a couple of quick names. I know a lot's moving. But before we get into that, SOS, I touched on it, I think a couple of videos ago. You know, they had these, I talked about how the prefront of warrants were kind of toxic and you kind of coupled that in with the size of the offering that they did. And again, of course, this is an investment advice guys, my partner MICs. But they did this offering and we can see, yeah, so they had about 26 million shares offered. So they were supposed to have around 50 million shares in the offering without assuming no warrants were exercised. So then in the last video I went over, they came out and they said, hey, basically a little bit six weeks later, I mean, the prefront of warrants were dumped. They've over doubled. They came out with another update this, you know, just a week and a half later and it's already up to 225 million shares. So pretty crazy stuff. I mean, to go from 56 million and I'll be up 225 million. I brought that one up because I said it reminded me a lot of VISL was a very large offering, 11 million AGP, you know, bottom of the barrel underwriter, they got all your shares, prefront of warrants, warrants. I mean, my God, they came and let's see how many times warrants pops up. 210, oh God, that's getting close to a record for VISL. But you can see, you know, SLS is, you know, it's so cheap. I mean, hey, it's got a little bounce today, but you can kind of see since the offering, it's just been straight down. Same with VISL, wow, went from $8 down to a dollar. So I had personally said that I thought I was going to reverse what the next, you know, or be under a dollar in the next month or two, but that's pretty crazy. GEMP was a mover yesterday on the 25th, you know, I wasn't thrilled about it, I suppose, personally, but, you know, had a nice little gap from, you know, 70. It actually, I think, goes up here on 171.60 in pre-markets. Failed off pretty hard. I get to looking at it. You know, smaller company, $13 million on the market cap. Got to it, you know, a little bit smaller. Every company I think it had, you know, 14 million shares outstanding, that floats around $10 million. You know, I got to looking at the cash. This is kind of where I became interested. $5 million, you know, there's no inventory or, you know, restricted cash or anything like that. So you come down here, so you got about $5 million in April 1st, you know, they're losing, let's just call it $1.2 million a month. You fast forward to now, it's almost August 1st, and you should be on about a month left of cash. So obviously, once you, you know, I come to that scenario, what are you next? Well, do they have an ATM, you know, at the market? I mean, you know, there's a whole bunch of, you know, different ways to look, as I've noted in past videos. Didn't see anything, warrants only brought up, you know, a few. So I went through here, warrants hurt $7, you know, stocks way lower than that. So how are they going to raise money? Do they have a shelf, right? The shelf gives you the right to raise the money. Of course they do. Here from back in 2017. So this is good for, I guess, another year and a couple of months, you know, $175 million. But this is where you've got to kind of come down and where's it at? Sorry guys, bear with me for a second. Oh, yeah, so when you get the reading here, so this is, you know, this gives them the right to raise $175 million in the next three years, which they're restricted. I mean, they're under the $75 million. So how would they do this? They have an equity distribution agreement, EDA. That's the same thing as an ATM. Hey traders, this is Tosh. I go by T Bradley 90 in the My Investing Club Chat. Just wanted to reach out and say, if you have any questions about MIC, joining MIC, maybe you're a member already. You have three ways to contact myself personally and through MIC. You can hit our social media. You can hit me through PMs in chat or you can contact us through my email at Tosh at myinvestingclub.com. That's T-O-S-H at myinvestingclub.com. I will get back to you in a timely manner. And I'm saying this because I'm here to help and I don't want anybody to be afraid to reach out and ask any question that they have. We are here for you guys. All right, see you guys.