My take is those new to the stock may not understand fully the DMRJ role here and those playing the short or downside risk are treating the financing as a death spiral. DMRJ has become an equity partner. They are also receiving interest payments however they can only own a certain percentage of the company, so at some point, you do the math. The upside will be event driven and with such a low float it doesn't take much of the 385K outstanding shorted shares to keep reducing PPS until that event. Sure, let some folks short on the fact that the governmental process takes it's sweet time, however do not forget that once the Government rubber stamps something positive, it may take just as long for them to pull back the reigns.
