RE:THRM Should Have Waited A Week Before Doing The Raise While your frustration is understandable ....your comment might be deemed a little over dramatic.
"Destroyed their loyal shareholder base" Investors holding the 200+ million shares that weren't traded may be equally frustrated but I think represent anything but destroyed.
They have given you, within the context of a small, speculative, penny stock, a testing device that survived an unprecedented level of scrutiny compared to every other rapid antigen test approved or unapproved that is still standing. Why? ....because "those guys" believed in a science and a product that has passed every challenge and roadblock thrown at them ...including some that were, at least in part, self inflicted.
The timing might be deemed unacceptable but with markets that continue to bleed would you have preferred they wait until after an FDA EUA ....and then scrambled to put manufacturing and marketing financing together?
beenthere wrote: Doing it the very next day may set them back by quite a bit!
And they destroyed their loyal shareholder base!!
I for one IF I ever get back even again I am out of here!!
To do this back to back to positive news just shows these guys don't give a sh*t for their share holders!! We waited MONTHS and look what they gave us?
F*CK YOU!!