IMO studying these dealings are the MOST IMPORTANT RESEARCH one can do on this stock... some will claim, "i see results at the mine. They are a real business", but what you fail to understand is that the mine is REQUIRED to ensure they can raise enough money and continue to receive their excessive compensations.
Heck, Solyndra, Enron, etc, etc, etc, had real operations as well, right?... How did that turn out for investors/taxpayers?.... greed is greed, regardless of the progress.. and greed is one of the top reason why companies fail. Even big board stocks!
If i raise $10,000,000, put $8,000,000 in my family/friends pockets (via companies they created + compensation) and $2,000,000 into the business, would you want to invest in my company?... these are not exact numbers, but you get the point.
The best DD one can do is study WHERE the $$$$ is going and WHAT its accomplishing.
Too bad they are gonna hide the revenue another 3 months...how convenient!... Betcha it does not live up to the hype and those constant 100,000 blocks that reappear over and over on the Ask is someone "in the know" unloading.... Who has so much stock to sell at the 52 week low, when things are suppose to be so good right now?!
My postings contain many opinions. So please do your own research and validation.
