Bait and Switch is never a good optic in my opinion
When all you say in interviews is how much iinterest there is from mysterious major players.... and suddently dilute, you look disingenuous as a CEO. Are you realy as transparent as you say, one has to wonder.
What other claims that have been made are dubious? Are rwe eally able to recover 100%? Do we really have interested parties? Are we really leaders in the technology? Are the patents really going to be approved imminantly? Is there really a viable scrap material source/market? Are really attending conferences at no cost? ........ you get the point!