Fibrocell Science Inc (FCSC)

[biolover]

I, too, am curious. If the stock was trading at above $1 for the last 4 months, why give away 30% of the company for $22 million when the market potential is so large. Just doesn't add up. I'm not holding my breath and will wait it out, but if this is just standard procedure for Mr. Pernock, I'll be a lot less confident in his ability to lead this company.

i am also little bit dissappointed with this cheap financing. I hope mr. pernock did this because he did not got the partnership on his terms. if that is the case, than i am fine. Other than this scenario , i really doubt on his ability and thought process.