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BREAKING: TruSpine – Oopsadaisy……Ouzo At Deputy Sherrif Towers Too!

By Nigel Somerville | Tuesday 9 May 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Oh dear, oh dear – it is hard to imagine things getting any worse at Aquis lobster-potted TruSpine (TSP). Given that it faces a requisitioned sack-the-board EGM at the end of the month which seems to me certain to succeed, it is technically insolvent and running out of cash and, critically, has failed to deliver an FDA application for (it claims) its Cervi-Lok IP which was promised back in December 2020 and numerous fundings have mysteriously vanished you would have thought it really couldn’t get any worse. But today…..
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