 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 Matt who goes by Chicago trader, one of our head moderators in MIC chat does his weekly fundamental analysis series. This is episode 29 in which case he talks about this week, RKDA pre-market analysis and a five to 10 minute to do research list. 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, then become a member of MIC. Hey everyone, what's going on? Chicago trader here checking in for the weekly fundamental video here on the 9th of August. I hope you guys are having a nice week of trading. Today's RKDA is moving a little bit. So I'm gonna cover that, but one of the first things I wanted to get into was at the end of the last video, if you guys watched it last week, so I cut off on kind of like what I track as far as after the market closes. What I want to touch on before I got into any specific names, in the morning when something pops up an hour before the market, kind of a quick five to 10 minute due diligence that I do. So again, as usual, if I get into it guys, this is not investment advice on my behalf and my C's behalf, so do your own due diligence. But what I've kind of thrown together is there was a few names that moved this week that I did just a quick five to 10 minute due diligence on and kind of had a quick idea in the morning. Some of them do require additional research and kind of what I would call deep diving. But anyway, so let me jump into it. So real quick, so my quick checklist, I mean, it really is simple. Again, it's a five through 10 minute thing and then if I feel like I need to look into it, I'll do that. Is the outstanding shares increasing? Recent dilution. Also, I'm pretty cognizant of like what kind of type of dilution is it? So if it's an ATM, I usually like those. Is it the first chance to use it? You know, is it a secondary? Are they warrants? You know, what is it? You kind of got to, in my opinion, value them differently. Cast situation. And then you can also look at older dilution. You know, is there already an outstanding ATM? Are there warrants? You know, et cetera, et cetera. So what I want to do is there's two names that are very similar. They moved yesterday on the eighth OSS and HEB, both really beating up charts on the dailies. But both fundamentally were pretty similar in the sense that they both had ATMs recently. So this one, if you pull up RKDA, you can see right here. So this is another reason why BAMSAC is awesome. You can see these pretty clearly instead of having to click them all. On May 20th, they received a notification letter from the NASDAQ stock market indicating that the market value of listed securities. So that's MVLS was not $35 million for, and it was under that for 30 consecutive days. So once they get that delisting notice, they have six months or 180 days, right, until November 18th to regain compliance. So I got a question on this. Alternatively, the company may regain compliance with the rule if they meet the $2.5 million stockholders' equity requirement under the NASDAQ listing rule. So before I get under that, I guess I'll just kind of skip around here. The rules for delisting. So you must have a dollar bid, right? So you have to absolutely 100% have that. And once you got the dollar bid and you're okay with that, which RKDA is fine, you have to meet one of the following three. Your market value of listed securities has to be 35 million. Your stockholders' equity has to be 2.5 million. Or the net income for your company has to be 500,000. Or it's in the latest year, or two of the past three years, you have to at least make $500,000. So again, a dollar bid and you need to meet one of this. So that's why in this AK, it says you can either meet this threshold or you can meet this threshold. It doesn't matter. You just gotta meet one of them. And this company loses a million dollars a month. So they're not making money. So the net income, they're definitely not gonna meet that. They're pretty close on this one. So let me get back into it. So I'm going through it. And for me, if you guys have watched my last videos, I use net loss and there's a myriad of ways to calculate burn. And net loss is kind of a shortcut. It's probably not the best way. But again, when I'm doing this short, that's what I use. So if you came here, so when I first looked at it, for losing $12 million a quarter, you divide it by three, they're losing, let's call it $4 million a month. But the reason I do this, and I double check it, if I come back here to the last two, you know, and I pump, pop in the net loss, and you're, this is the 10K. So this is gonna be for a 12 month, right? This is gonna be, so they lost $13 million for all of last year. 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.