RE:Responsive ManagementThis announcement has nothing to do with concerns of shareholders. When has ANY management group cared about anyone but themselves with their obscene salaries, outrageous bonuses and absurd option plans. As previously mentioned, a large institutional order for the financing was reneged upon and this is a desperate attempt to fill the gap. Salman screwed this financing up big time (should have been a bought deal) and the management/BOD screwed the shareholders with dilution at a discount to market. Supposedly the financing was to provide comfort to BC transit that their order, if awarded to BUS, would be 'safe' and yet BC Transit still hasn't made a decision. The plan was to have the majority of the financing go institutional but now the majority will be retail. This is being reflected in the depressed share price as shareholders unload current positions in order to pick up the half warrant. This will likely continue for a while. It possibly makes more sense just to buy the stock at 56 pennies on the market if you're a believer or stink bid it, what with year end tax loss selling adding to the pressure. But why do a financing now anyways. Weichai evidently wants an equity position so a one time placement for say 9.9% at a buck would give the company all the funds it would need until the revenues start coming in. Credibility is definitely an issue with this company's management/BOD. As with most 4 bit operations they tell you what they want you to hear then do the opposite. Too bad because it's a decent story. AIMO