Of course you could interpret Hopper's way like Dalts does. But that was the case too when Dalts commented on the 4.5c , 3.5c, 2.8c, 0.8c and 0.5c raise Now raising at 0.4c when the market was trading at a much higher sp. Only a fool or someone wanting to drive it to ZERO would do that. As soon as he got the data required for a sell of the company he will take it private. No there yet, still funds required but how handy does it come when getting closer to ZERO blaming market and stupid retail for the sp decline. In contrast, ALA still raised more recently as CHM is worth and they aren't even having an IND for their first trial. It is all just a matter of being willing or not. Dalts is still blinded by Hopper's explanations and excuses but the sp is a fact. Everyone knows that most of the 0.4c shares will be placed at 0.5c for sale and should there be a short run based on CDH17 data people will want to sell asap before the next 0.3 raise.
If he runs it to 0.1c when still funds are needed, what rabbit will be pulled out? Consolidation like at IMU. This was the very last opportunity to change his devastating way of raising but he preferred to kick Thursday's buyers in the guts.
Retail holding % too small to vote him off now and quite frankly, retail never voted anyway.
As long as Hopper can count on investors such as Max, Dalts and abitlikeme he won't have sleepness nights as he can still screw them down to 0.1c and later down from 10c again.
What he does at IMU he does at CHM and vice versa. Easy to see unless your wear Dalts-Glasses.
CHM Price at posting:
0.8¢ Sentiment: None Disclosure: Held
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