East Coast news out
Management is telling you what is going on in EC.
They are the closest to news and they are taking $4.40 per share.
Only reason to do that, if news is good they would wait, BUT they
chose to take what they could from funders and use that money to engraciate themselves
over the next couple years.
Why take $4.4 if in weeks there would be so much more for the same dilution.
Only one answer fits, EC is not .....