At the time I think was is the only theory that makes sense, New York Lawyers are not careless, Offering Was In The Possession of the Underwriters and JL Could Plausibly Deny (RFR, Red Herring) Knowledge of Participating Investors

Remember, Stillwater is the fund that always invests in $EMAN offerings. And they’re listed here with sensible $EMAN partners. Obviously something is up. Has to be matter of timing. Underwriter still has the shares.

— brendan (@brendan_49) February 12, 2018