It has become a much bigger problem within the last couple years. It's the new way companies 'legally' steal working class investors' money. And very rarely have I seen a company turnaround after an offering, usually the stock price keeps dropping, they reverse split, then do another stock offering and fill the management's pockets. I can't even count how many companies have been doing this over the last couple years.
Let me get this straight here. Fugitive has been copying/pasting PACER filings nonstop for months, with nobody questioning his honesty. All of a sudden he posts today's PACER filing, the stock gets slammed, and NOW people are trying to say Fugitive's post is a farce?