May. 13 at 3:39 AM
$MTVA
Six months ago: Reverse split.
Now: back under
$1.
Do you understand what you're holding, dealing with here?
Dong-A ST doesn't care. They never did. They have your cash, their IP is safe in Seoul, and their lawyer-CEO is collecting
$750,000/year to keep the Nasdaq shell breathing.
The business model isn't drug development.
It's: PR → dilution → reverse split → repeat.
Next R/S coming late summer.
Endless offerings ahead.
$148M in accumulated losses and increasing
Rinse & repeat — until there's nothing left to rinse.