Its a sign the original, real business is dead and those left in control need BS PRs to dump shares and get out or print shares before it dies for good.
While I always had serious doubts, first I felt it was fully valued (2010) or over valued and not a buy, then their core niche application died with the collapse of the oil and gas well drilling boom and the stock slowly slide down 95% the last 2 years.
Their core tech patent was a minor improvement of mine.
That is why I know it was real technology.
But when you see the face of a penny stock firm smoke em with BS whacky weed PR status to dump shares it means to me it is all over as one time real tech stock with high risk, high reward chances...
From what I read they are claiming equipment for indoor use for growing weed.... pie in the sky BS IMHO, to keep floating more shares is the typical pattern.
Always sad to see this in a tech stock with a patent. The Founder of Fidelity bought control of the sister company that was buying, owning and leasing the $100,000 rigs 3-4 years ago. But that died about 2 years ago, there were no more built or sold, thus no license fees. That is what I recall. But I did not follow it real closely....
I saw another firm do this 3-4 years ago with the switch to the whacky weed deal and they dumped trillions of worthless shares, did worthless R/S and so on.
