In the past 3 months, LIQD is up 10.8%. Seems fine with me. Sure it will have ups and downs, but long-term this is gaining traction and odds are much better of this going to $2 at this point. Just give it some time.
But if you even bothered to look you would see that the dilution was to bring in new contracts and even the CEO stated that next Q is looking very good and their momentum is strong. Their cash reserves right now should last at least a few years with the current burn rate. Not to mention that their cost are also starting to come down as well and margins are heading in the right direction for sure. Lets not also forget that the stock hit that 1.25 range and ran all the way to 1.85 in the last 10-12 days so a pull back was due.