There was no fleecing of the investors who took part in the financing of this company. Look at the price manipulations around the placements. These guys all made their money back and then some. It was the private investor who bit on the great information shared on the boards, the nod and winks, and dollar bill on the fishing line coming from inside the company that lured them in. The only people who got their shorts pulled down on this stock are the retail investors. Certainly not the private investors who underwote the PP and certainly nobody within the company that carried a title.
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