RE: I give up!! Not much that the average non-insitutional shareholder can do. The BS and incompetence starts at the top and permeates the organization. I plan on voting my shares against the private placement, and encourage anyone else who believes the current team should be booted rather than offered shares from treasury with another 5 years to put the warrant in the money to do the same. The PP is likely a done deal, but the gesture may not go un-noticed.
Unfortunately, there are no regulatory processes with any teeth to shut down these kinds of seedy operations, mis-managed by self-serving buffoons who think the public markets are their personal piggy banks.