How does the head of a publicly run company tell shareholders on one hand that they will not need to issue anymore shares after just issuing 500,000 shares to keep the company operating in the future, only for strategic purposes, would they have to in the future. And on the other hand turn around no more than a month later and issue another 1.9 million shares for "working capital and general business purposes" and get away with it?
Because who's going to hold him accountable? Board members and other insiders who are personal friends of his? Institutional holders consisting of 95% index funds? Or retail shareholders who are so enamored of REFR's technology that regardless of their beefs with management, they dare not risk doing anything that might hurt the company lest the world be denied the miracle that is SPD?
How does the CEO of a publicly run company that has become so obtuse when predicting timelined events in the past tell shareholders that he knows when future events which may affect the company financially will occur but he can't tell them, (oh, that's right in the next 12 months) consistently gets away with it?