They did put something out on Twitter to try to stop or slow the selloff. They did say with the financing that selling of shares wasn't imminent. I do agree, they shouldn't release news regarding 60 million in financing without divulging the details of the deal. Hell, it may be an investment by purchasing preferred shares with something like a 25 million line of credit to help finance the motorcycle roll out. Unfortunately, for now, it's all speculation. Nothing changes the fact that they are shooting for a Nasdaq uplist and with the price requirent which we are no longer close to meeting, they may actually be part of a plan to help raise the share price above $2.00. I guess we all shall see soon enough. Good luck longs!
PokerStar