While I personally don't feel the pp is needed right now, I am not entirely opposed to it. EVG management has stated that to get through the next year or so, they either need the warrants to be exercised or a financing. Could it not be prudence, recognizing that manipulation was possibly going to hold the sp down below the price for the warrants to be in the money, and foresight to see that money on the table now, might not be there when it is really needed, or at least at poorer terms for the company?
As Plums pointed out with Midway, there is always another company to take money.
Now EVG has another stumbling block out of the way and can continue the job of developing a (I hope) hidden elephant uninterupted.
And I would also like to add my support to Slowlane and I hope you will come back to add your insight to this forum.
Chris