The fact that so little money was raised should be

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The fact that so little money was raised should be, in a way, good news.

Read More: https://investorshangout.com/post/newpost/605...z6047oFKGV

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I feel, thats wishful thinking. After I saw the last video I started to worry already. I noticed how nervous and weak he appeared. Lowering estimates in the deal. But far more worse not mentioning ones the financing till Years end, which he promised last week.
And than the SEC filling with 900k raised, right on the next day ... that for me fit perfectly to his appearence in the video.

I mentioned, that I was collecting additional shares this week, based on his promises at the shareholders meeting.

I sold them all yesterday after the news of the raise, and a couple more.

If the small raise was really just a sideshow, with the big chunk of financing coming the next days, than it would be horrible horrible comunicated and alone that reason to play it more safe. How couldnt he mentioned or kind of warn us then the day before in the video, or giving a statement yesterday?

To make it clear, I still have a good Position, but expecting troubles with financing. And if there is no money, than the best sience in the world isnt helping to bring it to market or even BLA.

Ohm, Im highly respecting your opinion and thoughts. You stated that he could have sold more shares if he wanted, because for the paulson people it would be a safe play. Pure logic wise I would 100% agree with you.

But I stick with my gut this time because of the reasons above.

One important note: I believe that even in the worst case of a chapter 11, shareholders would get much more than the shareprice right now, as long as we not get extremly diluted till that point. One more reason to get rid of and never touch again that damn convertible notes.

But I can only bet on that with money I can risk loosing, and dont need in the foreseeable future.