I have been puzzling over why the Fubu guy and Tuff rushed to do a TV interview on Fox Business when they really had nothing specific to announce except some vague platitudes about future distribution deals....we now realize almost two weeks after the interview they have nothing ready to announce......so why did they not wait till they were closer to a deal to maximize the TV studio exposure....?
The answer I think is they desperately needed to engineer a pop, I suspect to provide warrant holders an incentive to exercise their warrants so FUSE could acquire desperately needed cash in short order....unfortunately the warrant exercisers then promptly turned around and dumped their acquired shares and the price cratered in short order from 27 down to 21 cents.
....of course this raises another troubling question which I raised a few days ago, viz., why are they - the warrant exercisers - dumping their shares and not holding them given that many think FUSE is a sure bet in the immediate future, with the Fubu guy on board?
Something does not smell right here.....nothing is as we think....nothing seems to happen in time and as planned....e.g DICKS....
I think very soon the market will get fed up with this game which looks more and more like a really sophisticated pump and dump...
Sorry, call it as I see it....
P.S. The bottom line is us shareholders are losing out because the O/S keeps rising diluting the crap out of our holdings and turning DROP into a bloated gaseous pig....and hurting our chances - long term shareholders - of ever recouping our investments, let alone generating a profit....
Market Data 
Markets 
AI
