LOL..."no favors". You must not know any equity investors--ignoring retail stock holders. Early equity investors do favors for each other all the time. You scratch mine and I'll scratch yours--not a difficult concept to understand despite your failed attempt.
clearly you don't know what can happen behind the curtain--Gifts come in many forms--sometimes it is a long term "employment" contract for taking a lower price in a buyout.
AGAIN, given the rate of cash burn, they didn't NEED the money. It was a gift and a way to get more tradeable shares from which to control the price more readily. This really isn't that complicated to think through--sorry you are having sooo much trouble with simple concepts.
you haven't actually looked have you. I know, because they had over 1.5 years of payroll in cash before the offering. "make Payroll"--what a moron.
How'd that prediction work out for you?? Pretty funny how far off you are about this company and the shenanigans going on. Hmmmm...raise money at $7.75 and then share price up over a dollar after--it is called a GIFT. The cash wasn't needed currently. Tesla's battery entry is comical but still beneficial for IPWR. Does Musk even know his batteries can't do what Tesla is trying to sell??? You can't do energy arb and provide grid services w/o doubling your battery capacity--they simply go dead to quickly otherwise.
They needed to increase the float--too few shares to make a liquid market. They had enough cash for another 1.5 years operating. Retail was HOLDING their shares and the big boys don't like retail controlling the price -- they make the price with their money and machines. The machines need enough shares to hide their owners strategies.
The "jury" is not out. You don't understand batteries in relation to storage and grid services...clearly demonstrated by your posts. Neither does Tesla. Unless you are trying to mislead about Tesla's strategy??
Pretty funny how you "know" it all. Tooo funny. Tesla's batteries are nothing new--however, the scale of the production will be. Ramping L-ion production for sale into markets that Tesla doesn't understand is a bad idea--you can't efficiently provide grid services and power with L-ion (read up on it). YOu would need to create specific architectures for each project to use L-ion for both and you would need to oversize the batteries to make sure charge state doesn't cycle too low regularly.
Get educated smarty--you need it.
but that "new" module had NOTHING to do with the increase in stock price!
The partnerships with finance and third party investor/developers are what saved SunPower...and drove the price up.