RE:actually, YOU are the idiotha -- they had cash in the bank --12 million bucks.. and they did a 2.2 million dollar financing.. at 60% of cash value.. all insiders. The money they raised in the PP was never used, they did an issuer bid later in the year, buying back at higher prices..
there was zero need to do a PP other than to screw the shareholders. if i would have read the financials back than i would have loaded up.I missed out but thats all good there is allways something else. . they really took money out of your pocket not mine ( since i never owned)-- there would have been 40 million less shares out and you could have had a 70 baggers..