Peeps are pretty upset with continual dilution and the option on the table for a second RS within a years time frame. Peter only used the first RS to get the price up enough to have room to dilute weekly for 6 to 8 months and still stay above .20, until they can start looking at the next RS.
You know the story. Most stinky pinkys act like this. Many people here were thinking a NASDQ stock would have more pride and more going for it than to have to resort to such measures continually.