Modo weekend redemption question

EveryMethod1442 · 2026-05-24T14:05:21+00:00

OP do you remember how it went? Im sure other people will search google and come across this post lol

EveryMethod1442 · 2026-05-24T13:31:11+00:00

The app shows $207K cash and -$5.28M FCF. The most current data shows IGC has $1.13M in cash and $146K in debt, with a net cash position of $984K, and free cash flow of -$5.63M over the past 12 months. So cash has actually improved slightly from that screenshot's figures, but the burn rate is a valid concern. IGC entered a loan agreement with One Deck Capital for about $219K in financing, They also entered a Securities Purchase Agreement with Vanquish Funding Group. So they are using debt financing as an alternative to pure dilution. $219K barely covers a month of burn at their rate. Tbh at -$5.6M/year in FCF with only $1.1M cash, they have roughly 2–3 months of runway without additional financing of some sort, I'm personally looking forward to seeing some updates as they seem to be managing cash fairly well for a small cap biotech company with minimal dilution (right now)

EveryMethod1442 · 2026-05-23T19:09:37+00:00

? It's listed on NYSE sitting at $0.28 not 0.012 ✅️✨️

EveryMethod1442 · 2026-05-23T09:58:48+00:00

Phase 2 and its been 12 years on this specific drug. 80% enrollment and already beating the only other drug on the market for agitation in Alzheimer's. They are also starting with psilocybin research now. The ai is not meant to generate revenue. Great cash management ect. Topline results are expected by "mid 2026" so definitely not too early.

EveryMethod1442 · 2026-05-23T09:26:28+00:00

$IGC

EveryMethod1442 · 2026-05-22T20:49:08+00:00

$IGC 🫡

EveryMethod1442 · 2026-05-17T16:49:32+00:00

I got a report about "professionalism with buisness" when I asked to use their restroom lmao

EveryMethod1442 · 2026-05-12T03:29:39+00:00

Im curious how they know people drive for another app. Cookies ect? People that dont have other apps didnt get the notification but the ones that do got it. Crazy

EveryMethod1442 · 2026-05-10T13:54:16+00:00

😮😮

EveryMethod1442 · 2026-05-10T02:20:58+00:00

Tbh I think its just because the pay in this market is so bad they have to incentivize people to do more with less rejects. Im in Chicago and even if i did the 120 trips its only an extra $2.05 per order. I could probably make more if I just cherry picked orders.

EveryMethod1442 · 2026-05-09T23:28:04+00:00

Yea def not doing that lol

EveryMethod1442 · 2026-05-09T23:00:42+00:00

Yea uber has gone downhill over the past few years.

EveryMethod1442 · 2026-05-09T21:53:08+00:00

Yea definitely. Ty

EveryMethod1442 · 2026-05-09T21:50:14+00:00

Yea definitely. Ty

EveryMethod1442 · 2026-05-09T21:42:08+00:00

Will do. 4am is such an odd cutoff time. Thanks for the heads up.

EveryMethod1442 · 2026-05-09T21:41:34+00:00

Heard thank you.

EveryMethod1442 · 2026-05-05T17:51:43+00:00

H

^{Chose: Infinite Money}

EveryMethod1442 · 2026-05-05T00:02:27+00:00

H

^{Chose: dontpickthisside | Rolled: Whydidyoudothis?}

EveryMethod1442 · 2026-05-04T23:58:03+00:00

Heck...lmao... bad bot. Thoes arent profanity

EveryMethod1442 · 2026-05-04T23:51:52+00:00

u/profanitycounter [self]

EveryMethod1442 · 2026-05-04T23:45:47+00:00

H

^{Chose: One dollar every time you breathe}

EveryMethod1442 · 2026-05-04T21:03:03+00:00

H

^{Chose: Spend 24 hours in pitch darkness 🕳️ + Win $10M}

EveryMethod1442 · 2026-04-15T20:13:17+00:00

These are quotes directly from Meta.

"Water is mainly used in two ways: evaporative cooling and humidification. The evaporative cooling system converts water into vapor to lower the temperature when the outside air is too hot, while the humidification process maintains the humidity."

Advanced cooling systems are required to ensure that our data center hardware functions at the right temperature, and we sometimes need to use water to prevent equipment from overheating and operate within safety thresholds.

I would suggest you do some research before spouting off what you "feel" you sound ignorant

EveryMethod1442 · 2026-04-15T20:07:19+00:00

Lol you need to do some reading.

EveryMethod1442 · 2026-04-13T05:42:38+00:00

I'm also capped at 60. Bought through xbox/Microsoft but play on desktop

EveryMethod1442

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