RE:Can someone explain the timing of the news?Don't think the intention was to screw retail, many offerings are the lowest stock price in the last 30 days, or an average thereof. Given the company is trying to get wind beneath its wings, any institutions up until the overnight offering would more than likely not partake unless they were given a bargain, a ground floor entry if you will. Tripp needs to be transparent, and follow through, time and again to gain credibility. He is an effective speaker, but seems to fizzle out short time later. Respect is earned, not demanded. Bolta. VM
ThunderAcDc wrote: 1. Q4 delayed news.... several, than horrible Q4 which brought the share price down.
2. Q1 delayed news .....
Suddenly as a big surprised, Q1 update news is released 12 days later and 30 days before the date proposed in the Q1 delay.
3. Bad Q1 release for kicking the week which had a immediate reaction to lower more the SP.
4. Few hours later, overnight offering at the lower price seen in more than a month. Last time the stock was at $0.07 was on April the 17th.
Is it me or management worked to screwed retail investor?