Edit: Woah. Now down ~27% to 3c. Ouch.
Browsing the stock... threds.. reveals some app teething problems. Hmm. Most of the issues being yelled about reflect a common problem re: non-technical investors investing in a technical product. Oh, and someone said something about 145m shares being issued at 2.0c and 2.7c - they may be being sold into the panic at the moment too.
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