The thing that I would worry about is securities class action lawsuits from innocent longs who read about the revolutionary technology, great patents, institutional interest and great marketing partnerships ONLY to realize that it was all a shell game. Who played it only GOD knows, but management was not above hyping the prospects here. And with some money in the bank from the IPO this one could look tasty to plaintiffs lawyers.
I'm a little stunned that they would let the price drop this quick, I was expecting a gentle decline to $8 over the next 3mos.
Thanks Texman...I supposes Masiz'z comments about institutional interest and New England Medical Center studies will be front and center? And since the SEC is investigating, won't they make an issue of this with him...like soon? Your thoughts?