Bear case slowly being dismantled. In my mind f
Post# of 148188
In my mind financing was the most near term danger to the stock price and it felt as though the downward spiral was self perpetuating. Lower stock price meant more dilution for raising cash which means lower stock price and so on and so forth. The fact that they raised enough cash to see them through all of the most important upcoming catalysts AT THE SAME TERMS as the last deal. No ratchet down of the conversion price despite the stock over 50% lower than the last raise. This is a big deal and completely paved the way for revenue as the next crumble in the bear case. I had all but written off dilutive and deleterious financing, this is an upside surprise for me personally.
Btw, this def removes financiers from the manipulating pool as the stock tanked but the deal terms are unchanged w $10 convert. I still believe it’s just retail in control here. Lawsuits causing folks to sell, that’s what we are dealing with.
The only wildcard I can’t possibly disprove is naked shorts or counterfeiting shares. But from my contacts in the sec loan market and my decades of Wall Street experience, Reg SHO and DTC drastically reduced the feasibility of these nefarious and nebulous tactics. CYDY is not on Reg SHO fwiw...
260 enrolled, we are on fire. Wait, what’s that I hear?! Oh, that my friend is the sound of inevitability.