There are all these accounting gimmicks how companies assign monetary value to things and then write them of. This company never had $28M to loose.
The CEO owes us in a huge way for stringing us along and dropping that devastating weapon of financial destruction on us, the non-existent Q4 revenues.
Even the recent private placement selling restricted shares for .024, they are now under underwater with the rest of us. I'm sure they are Calling Ezra and saying wtf, you told us the company is executing.
Yesterdays downdraft was probably some large holder like myself that lost all patience and whacked the bid. All it will take is for more of that to really tank the pps. Ezra needs to step up and give shareholders a reason to BUY, or at least HOLD, before he has no shareholders left.
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