Don't see his posts and I'm not at all interested in anything from him, but I don't see any justification here.
$5 million might buy 4 months of staying power if they weren't already in the hole, but I can't see how it translates into an $85 million increase in market cap.
I still think the regulators aren't done here.
If anything, they've probably redoubled their scrutiny as a result of this issue.
Seems to me this issue is indicative of serious problems. They were in need of money fast, hence the warrants attached, and they were only able to sell $2.5 million."
....
That was March 9th, at $1.40
79 reads, 1 like.
The pumpers here have been handicapped by their inability to admit they made a mistake.
They've been blind to the facts, and so they remain.
All they've done is hurl abuse at those who saw through this charade.
This is done.