Big test IMO will be what VNDM does at .0025-26, and where LAFC jumps in and how long he stays. LAFC was at .0022 Friday but here he tends I get out of the way if there is momentum and then jump back on the ask at a higher PPS. VNDM not so much, so I think it depends how many shares his client needs to sell. Of course, a bunch of private parties can't be cheap, and with no revenue coming in you can by the shareholders will be footing the bill for the "launch" of the product that cannot yet be sold as far as we know.
IMO they probably have a goal amount of cash that they have to get from sales, however many that takes. Whether there is any sustainable rise here then depends on whether they can attract enough new money to outpace the share selling they have planned.
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