Ann: Trading Halt, page-108

I'm in another stock that used PAC Partners for a quick CR recently. Before the CR became general knowledge the SP tanked unexpectedly for no apparent reason. The SIs were offered an outrageous discount to the smashed WVAP. It appears the sophs all sold out for a handsome stag profit within days of their getting their hands on the shares (some may even have shorted) with the expected effect on the SP. The SP is still well below the CR price several months after the raise with all momentum gone. Overall the SP has fallen more than 50%. I expect the share will eventually recover but from a severely impaired base. I get why companies resort to raising like this but its nothing more or less than an assault on loyal holders no matter how much lipstick you slap on it.

GLTAH.