If Peregrine had the wisdom, or desire, to reverse the order of the two PR's rlleased today, the opening price of PPHMD on Monday would have been about .50 cents higher. My guess is also that many investors sold after the share price dropped into the .50's. Peregrine had the option to avoid that loss for their shareholders. The 5.8 MM came from loyal shareholders. Stupid or part of the plan??