Dark hypothesis

In my opinion, CEO must be investigated:

1. CEO came up with a capital raise at 50% discount to the market price, which I personally cannot comprehend, there might be alterior motives.
2. APX shares were shorted heavily before the capital raise. I don't think anyone would have the confidence to do that unless they be given a greenlight.

I’m not making any judgments or accusations, but I have my suspicions and I think an investigation is needed for the sake of retail shareholders.

An Imaginary scenario: Imagine CEO in bed with the shorters. Shorters get a greenlight to short the stock from $2 knowing that CEO will soon come up with a shameless 55cent capital raise, which will guarantee them a nice profit of 100million dollars and bring immense pain to the shareholders.

I think the two recent capital raises, and the behavior of the shorters prior to the two raises must be investigated.

IMO