One thing Is certain: it is futile to attempt to present facts or red flags to those who are blinded by biotech pipe dreams. They are dilusional and have no interest in knowing facts because facts take them out of their cozy little dreams of getting rich off one of these shady companies. 95% of biotechs are at best well intended but doomed from the start and at worst are total scams. Either way, there is a never ending pool of suckers who will fumble over their money and watch it disappear month after month and year after year. Don't waste your breath trying to talk them out if it. Sell to them instead. Shorting garbage like this is where the REAL $ is at.