Did you read the statement? That quarterly should freak out holders far more than anything anyone in these threads has said.
Massive debt, inefficient capital raising with a glaringly obvious need for another one imminently, directors paying themselves an outrageous amount, no increase in revenue, nothing to indicate a change there... why would anyone be holding at this point? Even if you for some crazy reason had faith in the long term success of the company, why hold right now? You're just going to get diluted.
It's a fascinating thing watching these companies and the way the market reacts.
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There's always a turning point, page-77
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