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On September 11th, the Company opened at 6.88 which was a drop since the previous close of 6.90. During the day, the stock rose to 11.70 and dropped as low as 6.85. Over the past 52 weeks, the stock jumped to 20.00 and but came back down to 2.60. Their volume on this day was 218,765 and their average 3 month volume was 19,030. The Company has a market cap of 37.94 million.
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On September 10th, the Company announced that on September 4th, they had entered into a securities purchase agreement with JMJ Financial pursuant to which they issued JMJ Financial, in a private placement, an $800,000 convertible promissory note and 19,231 restricted shares of their common stock as $50,000 origination fee for the note.
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