Totally agree. Notice that no details are available, only the fact that they are working on it. So the IB plan could easily be an offering at $7 when the stock is at $8. I don't believe anyone is going to be able to buy millions of shares at $3, as the post I responded to was sort of implying. This has the feel that the company realized that some people knew about this financing and they thought they should get the word out.
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