Curious week Re private placement
I found it particularly interesting that the private placement started at $0.10 as a buy-in. At first glance I thought that Medx was indicating that there would be movement shortly and this was a signal to buy. But as a week progressed it also seems like they're in desperate mode to stay afloat considering that the open market was very quiet with the exception of one day. What really puzzles me about the placement is there was no discussion of what the money was needed for. I think the investment community is waiting for financials to really tell the story.