It gets worse and worse, this company is totally f%$*ed.
Investors are even filing lawsuits and informing the SEC. This is a very very very bad situation.
Will the price have some rebound at some point? Sure, but that won't last very long.
Greg and Dor don't agree with eachother and are saying they are liars to each other and accusing each other etc.
It's rediculous what's going on. Dor wants Greg out and Greg wants Dor to step down as CEO.
This will take months for finally something to happen, which is probably the announcement that they quit.
The sad thing is that much funds are already used. They even had 1 million in fee's they had to pay because of the fundraising campagn.
That's right 1 MILLION!!! Wtf? lol They are in worse shape financially as many think.
They also talked about splitting the company up, but there are not many funds for them to do anything meaningful after a split.
This project is doomed. Only idiots buy into this scam at the moment. I been there before and want to warn people.
DO SOME RESEARCH and don't trust anybody, even me! But all is there to find! Go to Synereo's Slack whatch the youtube hangouts were they are fighting check the financial documents where you can find for example that there only are 82 million coins in circulation now, but 900 million more coming into circulation, which will be horrible for the price. This project is a big failure.....
EDIT: here is the link to the announcement where they make it public what 'really' is going on behind the curtain. Tip: get some popcorn....
https://www.youtube.com/watch?v=FLrvV2YKbZg
Thanks for the non-news. You're the reason why I am staying on this coin.