Most likely they could not fill the PP for whatever reason. Even though they said they had a firm commitment, it did not happen. If there was that much interest in the PP, it would still have been filled at the original price. The committed investors went away for whatever reason and this is all Cryoport could get. Cryoport wanted the full amount of the PP. Please do not accuse companies of fraudulent activities when you do not have the facts. As many of you on here have said before, you need to be careful of what you say with publicly slandering companies. If you have facts that prove your accusations then by all means make them public, otherwise you should tread carefully.
As I had indicated before, this stock was going to $2.30 or less and hopefully down to $1.70 so that I may buy more :) I base those forecasts on my analysis of the company and the market. If they come out with great news in four days on the Quarterly, that would be great! I do like this company and I always have. I just had to wait until the price was right to buy :)
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