Proteonomix Inc. (PROT)

[uypisalp]

why would any long think today's pr was negative?
let's look at the facts (not the wild speculations of posters).

does anyone think that the people who invested in the preferred shares and warrants did it blind? wouldn't they have had the opportunity to delve deeper into the company's situation? so this is actually a vote of confidence that the company is worth at least $4.25. but actually, it is a vote of confidence that the company is worth much much more. because no one is interested in investing 4 million to break even.

second, who thinks that the new investors would be able to sell 4 million shares without the pps dropping well below $4.25. the new investors can lose money if the pps drops below $4.25. so obviously, they must believe the pps will rise from here.

finally, this gives the company working capital for the next 3-4 months. remember, the analyst report stated expectations that within 3-4 months, there should be revenue generation.