that is tame compared to what Deadlock wrote in Microcap.comI cannot repost as it was for paid subscribers but he is P^%$
Here are a few comments in the update
- Once again it is proven in the world of microcap stocks that certain people should NOT be running public companies - and responsible for the hard earned money of retail investors.
- This was a VERY dirty tactic that in my opinion does serious harm to the credibility of this CEO. It was bad enough he wants to pull off this below market financing, but then to sucker in all those people on Monday and Tuesday (with positive news)
- Likely so people who knew the financing was coming could sell into the news and free up cash. And why wouldn't they. Not only was it grossly discounted, but they had the nerve to attach a 5 year (!!) 54 cent warrant to it.
- Even if their cancer treatment is proven in humans I seriously doubt this CEO and board are capable of managing such growth. They obviously have the mentality of junior mining promoters.