Even if they get Approval, they will have to dilute so heavily to raise cash that current shareholders will see the PPS reflect that dilution, namely its going to keep downtrending. I don't think they can raise enough cash without doing heavy dilution then reverse splitting so they can try to raise more. If some heavy hitter miraculously shows up with money to make it work, You think the deal will allow the current little guy shareholders to benefit? Not likely.
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