Hey Disconnect, what is your take on todays news of the investment? I can't help but be encouraged to see positive reaction from investors across the board. What connection is there between your above mentioned Chinese investor and todays deal? I am just a small time guy looking for an entry point.
I see they announced today (sort of) that they sold 18,000,000 shares @ .1527. Again, they sold shares way below market and to a Chinese investor. I don't think these new investors know anything the public doesn't already know - air and water pollution in China is a disgrace - and they're trying to make money addressing a need... I skimmed the last filing and the part about Tangredi being able to dilute as he wishes and at a 25% discount in order to recover back salary was disturbing. That, and the obvious reverse stock split on the horizon make this a hands off for me for now... Good technology, bad management.