this morning's fiasco, page-8

Well, I don’t profess to know that much about MEM technology. That aside, the company clearly did the right thing by this raising, and at significantly better terms 5.5. Vs. 0.03 cents. As stated by others, it was in previous announcements that they still were going to issue at 0.03 cents, so investors should be happy at the much better issue price. It has rallied so strongly a pause and retrace is to be expected. I think this still has much further to go based on the previous volume and strength. It surely will bounce once the short termers have left, give it a day or two.