Each unit consists of one share of Series F convertible preferred stock, which is convertible into 258.397875 shares of common stock at a conversion price of $3.87 per share, and 258.397875 warrants each to purchase one share of common stock at an exercise price of $5.17 per share. In total, the Series F convertible preferred stock is convertible into 2,067,183 shares of common stock, and the warrants are exercisable for 2,067,183 shares of common stock. The Company will use part of the proceeds from this offering to repurchase and retire its Series E convertible preferred stock.
$0.001 will come soon. Be careful here
The news of last time drive the price from $8 to around $3. This time, it will drive the price to around $1. The same pattern. I lost lots of money by holding it.
There is an article from seeking alpha
You are stupid liar. They said that their cash can last until next year.