bloodbathnote, the companies exercising the private placement, would have figured they would have invested heavily in this stock,if they felt it was 1.65, most likely fter the private placement,these companies most likely shorted the stock,or advised their clients to do so, I wonder what dev and his board of thinking of doing,note fuu seems not to move,as dev heads fuu as well, maybe this is a sign to change management,if they are working in the best interest of share holders,i don't see within less than 2 weeks the price down to 1.34 from 1.73, as a sign of managements best interest for the shareholders,if it hits 1.30 would be the selling point,once it goes down like this ,it may continue,i used to own hat as well,as I do fcu now,there is a big difference with hat,u prices were a lot higher,and during hat times,there were not as many junior u stocks all prospecting in the basin,,bloody mess don't you think,, mike t,