Tuesday, December 20, 2016 2:12:08 PM
Share price almost cetainly been over $5 on the FDA news alone and they probably would have only had to dilute 1/2 as much.
Shows no concern for shareholders. Anyone else have a good reason for such quick, non-logical action. They have tainted the well for the short term anyway.
Dilution should have been done ATM over time on their terms not Pipers terms who is reaping the rewards (at $2.50/share) at shareholder expense.
They probably shorted around $4 knowing dilution wss coming at $2.50.
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