My contact has always been a believer of court case settlement, options grant and then partner. I've posted this statement for the last two months and he agrees with those events. He also never has said anything negative on the executive team.
Now I'm a different story as I do believe material information is being with held until options are granted. Lets face it the SEC doesn't even look at any of these scenarios, so no risk as every company does as they please these days. Especially when your this size a corporation. The SEC isn't even going bother witht timing issues. June and July will be our key months. Hopefully we have found a bottom though I wouldn't be surprised to see that infamous gap filled.
The only reason I've stated something sketchy is because of the price movement on 70 million shares over a two day period and then a drop back to previous levels. Any long not feeling compromised by that move is lying.
CYTR and GALE had big moves, while dropping way back. Those moves were explained because that management team had hired a promotional firm to tout the stock. To me that was unethical and the lawsuits have followed.
I give our management credit for not stooping to those tactics, but it still doesn't explain the volume and price moves in March. I'd also like more information on the preferred holders.
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