Velti did this at 1.50 when 52 week high was 10$. Now Velti is 0.07 cents!
These Greek crooks raised 24MM by issuing 16MM @ 1.50 which was 10% below its all time low. At the time, Velti 52 week range was 1.65 and 10.43. Now Velti trades at 7 cents! Buyer beware! They came right in and diluted at the low! No remorse! Cash burning machine
If you believe that this is the same company as Velti then get out and get away from this board. I do not believe this is not a $25 dollar stock by 2015. This volatility means nothing to me short term.