why would they though?
lots of trader's interest now, and management obviously doesn't care about shareholders. why wait with the 70M, waiting for volumes to go down, and daytraders moving somewhere else? just dump the 70M now, do a reverse split, and announce a new financing round. rinse and repeat for as long as there are still people willing to hold this long and become bagholder.
i promise you, other companies will adopt the same business model, it's soooo incredibly easy and there's so much ignorant money out there.
the economist that came up with a "rational market" obviously didn't realize there were so many trader wannabe's out there willing to jump on anything that's discussed on any of these boards, no matter how obvious it is they're being conned.
