PP closing on Nov.2...While there has been a lot of chat on this, and DD has certainly made some mistakes regarding due diligence on a Private Placement, it's simply been a mistake.
Yes, his date was wrong and yes,it has perhaps hurt his credibility. But to make a mistake on a closing date is not a crime and was not in his control , but publishing false and/misleading information regarding a PP is illegal. Why would any CEO do that?
So, give the guy a break, live and learn and say "thank you" when it closes on Monday!
GLTA