@SadStocks @Gwilligers Noob investor, they are pumping the stock so that way the drop is priced in with the offering. A 100 million share offering will take this back down to the $5 range, temporarily. You better believe a offering is in the works. All these bios have no other way of generating cash and they ALL do the same thing in regards to offerings. I have seen this play out at least 20 or 30 times now. The FDA approval process requires 100's of million dollars.
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