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Rockwell buys $13M XONE shares ?2

17:17 11-Jan-16


This announcement is a publicity stunt.  While I have little doubt that Rockwell believes in his company, after this morning's announcement, I'm also sure the company would have had no trouble at all finding investors to buy a similar number of shares from anywhere above $9 each.  ExOne is not doing that because, at the current burn rate, it would be out of money in a year so without capital raises like these.