Ekso Bionics Holdings Inc (EKSO)

[Rhetorical]

Horrible news, not sure what management is thinking. It's worse than if they actually sold 34 million at 1$ per share. At least then the price might sink to 1$, but the company would at very least have money. Just this announcement could cause a death spiral down to 1$ and then there would be WAY LESS incentive for anyone to buy it at the new price. I understand selling in volume sometimes you have to drop below share price, but less than 50% of value??????? That's outrageous.

I think we need short term good news before year end otherwise the entire company might be cleaned out soon. Management seems to be sucking the ship dry.