Explain your conventional financing. You stated debentures, but they are made when there is assurance in the minds of buyers that company will buy them back. CPST is still operating in the red, pps bouncing of the bottom of a long decline; unlikely scenario for debentures.
The $1.92 warrant offering(offered above that number) could be viewed as dilution I suppose,and indeed, the pps fell on the news, but we are on the bottom side of that offering(below the $1.92) and the market collapse and very long period of naked shorting and decline of the pps. If $ are needed, I see that type of scenario as insiders buying obviously sees this is bottom.
Insider buys are definitely NOT insignificant, more so their holdings.
You are calling for a tank to .45? I don't think so. CPST down now because of EOY. New year, new legs. You are looking to scare out the newbies to grab the cheapies. Simple as that....