Ann: iM3NY Certification Received, page-62

I think the most likely outcome is that they were trying to use the certification to bury the news of the CEO resignation. Broadly speaking it seems like they have been successful in mitigating a sell off (my sentiment was somewhere between sell and hold after I picked up on the news of the resignation yesterday evening).

However, my sentiment has now been upgraded to buy on the back of today's trading and on the basis that MNS is (i) funded for a few quarters (at least), (ii) have several potential short term price catalysts via "price sensitive certification" and battery sales, and (iii) medium term catalysts via potential grants and government support (Chuck Schumer).