Go and check what happened to UBI...! Insider hold majority stocks they then announce capital raise not ATM but it's a scheme where in future they will do capital raise and then company get FDA approval and price crashes... only because of dodge deal decided before hand.
if price crash now and then ATM was enacted then the only person benifits out of it is fund not the retail holders!
the only thing that is required now is new management if these guys come out with increased operational costs and no plan for company turnaround in next quarterly.
Research, page-2597
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