They already told us they were doing a capital raise. Most capital includes institutions buying. They generally take an average price. We all know they could use money if the product has a high demand. I personally believe him. If you don't, get off your butts and call him yourself instead of sitting around and complaining about it. Its good news people!!! Open your eyes!!
no one halts a stock that many days just for a secondary offering...as I repeat from before...when has an officer of a company ever told another person about info that has not been made public (in this case the offering at 7.50)