It's Breaking Down
All that dilution, ATM, debt, convertible notes, warrants, bad 'give-away' deals ... they will always eat-up ANY and ALL revenues. They want you to think that revenues matter... But they don't matter. And they won't matter for a very, very, long time.
Expectations hoped for a Positive EPS.
But the EPS was a NEGATIVE 8 CENTS.
What happened ?
That's why they had to produce repetitive pr's, timed pr's, fluff pr's, third party "paid" blogs, etc. They had to orchestrate a campaign to suck in and use day-traders, to help get it up over $1.00, and prop it up for 10 days before the report came out.
I predict that the same entities that were pandering to drive this up, have now sold or gone short. And smart investors will wait for the risk adjustment in price, before gambling with dilution at such an unjustified and hyped-up pps.
It's Breaking Down
No matter how much desire there is for things to "appear" good, all of those things are just not that good at all... not even a wash.
EOM