I agree with you that management has a massive credibility...

I agree with you that management has a massive credibility issue. They did cover a lots of things when they draft the pro forma prospectus. I did spot those problems in the earlier of Jan, but was not brave enough to take the loss when the share price recovered to $1.37 at the end of Jan. (I bought lots of IPO shares and still holding them).

I guess the directors of the company have received endless calls from the fund managers during the last 3 days. I believe every fund manager who took up the IPO want to slap the directors' face. If that is the way that the fund managers want to punish the directors, why don't let them release their anger.