I'd say some of the so called sophisticated investors who bought at 38c in the placement were looking for a quick dollar, and not willing to wait longer term, are exiting. Great buying opportunities.
The news with Gibio & Freshero is the best you could hope for, but longer term. The 8' prototypes for Gibio should be nearing completion, as it only takes 2 weeks to grow, it wont take long to complete, then we should see some action. On the MJ side, that could happen anytime, I don't think we'll have to wait too long.
RGI Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held