The market cap is only $8.5 million. Any new investors are going to want a huge discount. They only could scrape up $2 million (before fees) last time to the capital markets. It is going to be even more difficult this go round since the SP is so much lower.
The SP is a great leading indicator on news with SCON, I have been following it for years. This could be the sign that there are no more takers for another round of financing. They really only have a couple of months and then it is all over.
Job listings is why i bough .20 and have other orders in.
I dont see why they would expand if they dont expect good odds on getting a commercial deal or other interest from their so far undisclosed partner.