RE:RE:EXplain in plain English for newbiesDoubt you will hear from them until the price ticks up. Heck Cefaci admited to dumping his shares while calling for $2.00
So what does it mean..... it means
1. Dilution at a lower price then expected.
2. It means they just capped the value ie we are worth .85 cents in their eyes.
3. They have sent a clear message, they have no issue giving a discount on millions of shares if it is to their benifit.
typically these things mean the share price should drop, ie blatant greed, dilution, and the company saying hey we think this is a fair price. But since economics rarely apply to the stock market.....
I will wait to see if anon goes back to pumping the price or dumping it. After all they have pulled down a million+ in profits so far.