Palatin Technologies Inc. (PTN)

[RFB]

So lets recap. Company languishes all the way until Monday while burning phenomenal amounts of cash, executing private placement after private placement (with warrants of course, as they don't have any value in IP or current revenues) and low and behold.....WALAAAA, the company announces what appears at face value to be the largest and most lucrative deal they have EVER inked......

What occurs in the market/trading: Traders/Investors/Insiders use it as a distribution event and dilute the hell out of the security turning the security from pre-market gain of .70 all the way to todays price hovering around .49, or over a 30% loss in value.

What does this do for the company: Paint them and their investors/insiders as corrupt. Why would the market unload on what appears to be a truly monumental POSITIVE NEWS EVENT???

..something stinks.... and its either PTN or those involved in trading the company....either way, a common shareholder gets left with the losing hand...SEC needs to take a look here, as things are just not right...