I also exercised my rights and now for the second time we the stock holders lost money by not buying on the open market. Firstly our shares were diluted on the reverse split 1-5. At that point we lost 80% of our investment. Secondly recently as you stated above we could have bought the stock on the open market for less money. Thirdly we are still up in the clouds as to what, WHEN, and if this will ever happen.
The stock at it's high was in the $4.00 range prior to the split ( should have gotten out then), The only profitable outcome for all investors is when the DA is signed and stock opens back up at $20.00 which will put us at a break even from yesteryear.
BREAK EVEN AFTER 5 OR MORE YEARS. I COULD HAVE PUT MY MONEY IN A BANK A 1.5% INTEREST AND MADE MONEY
Maybe in our lifetime our investment will pay off, at least i hope so.