RE:FOBI is worrysomeIf you don't understand why a company at this stage needs equity financing to grow and support ongoing operations, with respect, I don't think you should be investing in companies like this.
Long term plays take time, and stocks like this tend to be volatile. The big price increase was likely more related to the penny stock surge from that occurred several months ago that has since died off. With that said, FOBI has profound potential going forward, and I consider this a long term play, where winners accumulate at low prices. No sense in worrying over dips. Take them as buying opportunites.
I expect big things in Q3 and Q4 and onwards for FOBI. GLTA