Today's News on Conserving Cash........is basically the same as the last raise with a twist. Taking paycuts in lieu of stock options/warrants to conserve cash....already done that last year.
Now they understand options/warrants won't be able to replace the reduction of salaries, so they will now issue stock and dilute further.
The twist this pump cycle is finding a 3rd party to sell this stock for insiders to make it look less bad.
How can anyone perceive this news as positive?