I apologize in advance if I am wrong, but wasn't it you that was begrudging the fact that sophisticated/s708 investors were able to buy so much. Where was your sentiments about supporting the company then?
I hope you now understand a little about why companies goto s708s when they need capital. It's quick, it's low-doc and we often support good companies in droves with large amounts of cash.
The s708s supported the company and did in a few hours, what the retail investors probably won't be able to do even with two weeks of time....
PIO Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held