Amazing indeed! Positive announcements on PL5 and the Infineon agreement, and the SP has been smashed (down over 56%). DM in his infomercial trying to blame "unfavorable market conditions" for this catastrophe. I'm calling BS! Either the tech is good and he can't sell it to institutions / new investors without issuing capital at 'fire sale' prices. Or the tech is unlikely to be commercially viable and new money will just roll the dice and be willing to write off the loss. Let's hope it is the former. It would appear that he didn't have his ducks in a row before announcing the first CR, and he got left with his pants down! Unfortunately, all existing shareholders were forced to pay for this f'up! Regardless, DM has to go!
4DS Price at posting:
3.5¢ Sentiment: None Disclosure: Held
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