I wonder if they already purchased the equipment and had this plan to take control of there own timeline before this offering was even presented. They would have been in a tight situation with cash on hand, if it was used already and taken from the 10m balance at the end of August, thus creating a cash crunch which created the whole PO situation to be rushed thru.

We will soon find out if some of the timelines are still close to being met in the near future.

In this situation, we could see recovery of the share price sooner than we think.

Another possibility?