"I can only assume..." - I'd like to ask why you haven't sold your shares back in 2020?

If one doesn't know in most cases it's better to remain quiet than to throw the first stone.
Welcome to the world of prerevenue biotech. No one forced anyone to buy shares. Would it have been smart for Nader & Kelly to present ridiculous buyout offers many crybabies are now dreaming of? Can't speak for others, but I'd rather go down in ashes than seeing this one in a lifetime opportunity getting literally stolen for 2 or 3 bucks a share.
Speaking of lots of people in the kitchen who can't stand the heat.