Actually, the "general consensus" that you speak of was initiated by fear mongering by you and teerak. The weak and gullible on this forum followed your lead.
If as you say GMC need to do a capital raise (please don't repeat how much cash they have on hand and how long you think it will last), sure it won't be ideal but GMC are certainly not the first nor will they be the last to capital raise. Companies do it all the time if and when it is necessary. Some of them fail and some go on to greater things.
GMC Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held