RE:RE:55% up for insiders who stole 4 million shares at 9 cents.It is managements obligation to maximize the share price, not blow it up.
They have not sought a broader shareholder base.
They have zero brokerage relationships. Zero institutions.
They have the tired routine. Turn on the copier machine and phone the same list of bag holders.
This time they called themselves.
There is no proven reason for diluting well below book, when they have so much positive news.
They need to connect with proven investment banks to line up expansion finances.
Otherwise, do the honorable thing and do a rights issue where everyone can participate.