TMM:
I am with you. This kind of thing has happened in the past such as Bundtzen and..nothing.
Frankly the announcement could very easily have been considered a lot of hot air.--- I don't think so, however even a nuetral (non SLGLF basher) party may think that.
I concluded that we are too close to the situation. If ever there is an announcement of some sort of funding, new buyers will come and I am guessing most short sellers will use the limits of their trading exoposure to defend a particular price. If that price gets taken out, well, that is when the fun begins because NO ONE will be offering any stock for sale.
EDDILSON