RE:RE:RE:shangwoo is right One of the more accurate posts I've seen. Reality is when market or institutions have an expectation of a company financing, they will short the stock to lower price and cover with free trading shares on short form offering (ie no 4 month hold). Company gets the funds and fund makes the return on the short and clips the warrants. It's how many of these dealers are getting done as bought deals...bankers know the capital is already there and easily accept the underwriting risk. In this case, I am hoping this deal has cleared the shorts/ market and we head into two significant events that will move us back to highs (market depending)...those events being a licence and upgrade to venture. I would encourage investors to not get shaken here, as 2018 has significant potential for these names and dispite this financing putting pressure on stock, this market retrenchment was needed. Do your own DD. This is not investment advice.