Why would they. Its almost like, lets see how bad we can hurt our shareholders unless they all have incredibly high short positions. I have seen companies do this before and not recover for years if ever.
Who knows.
I questioned the revenue model and also couldn't get information I needed to feel comfortable. I elected not to buy but still had it on my watch list.
NOT NOW......
I would had rather seen them take their SS and supposedly lack of debt and approach a direction change: r/m into the stock or a new revenue target market.
What a waste. Further more management is now labeled big time.