RE: RE: WhyFolks,
I had an order in for 3k at $2.40 today and 2k got filled. Upon seeing the YA news, I cancelled my order, but am holding 2k shares. I have a bunch of experience with YA and all I can say is they are poison.
Look up YA or Yorkville advisors, who previously went by the name Cornell Capital. They are involved in a bunch of PIPE investments and Convertible Debentures - and the Shareprice generally falls when they are involved. There are lawsuits against them, etc.
I would suggest you do some DD on this company as they are generally regarded as poison and a huge detriment to SP appreciation. I am not pleased to learn of their involvment with RVX (on the day I finally buy, no less). I've been through this with other companies that use them and I can only hope that management uses them VERY wisely, if at all. They've also been known to short.
Look at MOBL.OB and NEOM.OB as examples from a couple years ago. I could go on and on, but I believe it is better you do your own DD rather than getting it from me (and questioning my motives)...
B