O really.
What can I tell ya..you shoulda read the 10K, 10Q, etc.
They can fund whenever and where ever they wish.
And as for 'near term' needs..100% accurate.
As for LONG TERM needs, they didn't have enough...still don't, most likely.
Additionally, he didn't ever say he WOULDN'T do a funding.
The new license plays into additional cash needs.
Having said that, I added 10k shares the Friday prior to the announcement, and more than that since the July inclusion date, was up nicely in the 6.12-6.34 range, but didn't sell...I didn't expect it either.
Am I in favor of scuzz ball lawyers raping the company and the shareholders...NO, a resounding NO....the shareholders get the shaft in the lawsuits.
I have had stock in many, many companys that have had shareholder lawsuits, most were warranted, this one is not.
HOWEVER, I RECEIVED MONEY FROM ONLY ONE...T Square Medical...the rats got the rest.
I bet you don't hear any shorts bemoaning the fact that the price dropped....other than pretending to moan, so that it drops lower.
Had not the shorts piled on, ..seems they were quite ready...surprise, surprise... the price wouldn't have dropped nearly as much.
Instead of moaning, I purchased more, significantly more.
I am up on those shares.
As for the price drop, it wasn't that much at all...compared to the mid-fives and below five that the PPS was at for the majority of the quarter.
Never mind that the PPS was working its way up again after the blowout, until the princes of dreck filed the lead plaintiffless lawsuit.
That knocked 1.x% ..6-7c off the price in a matter of minutes...they called their buds again..get ready, set, short short short.
That is something to get pizzed about.
There otta b a law...against frivolous lawsuits.
Best,
Savant
*My opinion of that type of lawyer is just that, my opinion. |
