RE:I bet you there is another cash raise in the works The financing already happened and you can buy the stock cheaper on it through FIRE.DB
theTransporter wrote: Everytime I have seen long periods of unexplained endless selling with huge asks with no end in site, it was always followed by a news release of a financing raise.
There's always some "in the know" before these raises are released. They sell so they can buy into it cheaper.
I hope history doesn't repeat itself but this stock is on life support.
$62M market cap is far lower than when this company was waiting for its license!!
I do wonder what a $20M revenue quarter would to to a company with a $60M market cap?