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American Oriental Bioengineering Stirs Up Controversy

I don't have any specific insight about this company, but the bit about "radioactive photons" is easily understandable by anyone who has ever read the English text on a bottle of Chinese patent medicine - Chinese medical concepts generally don't translate well into English and they usually make no sense whatsoever. The joke is on whoever takes such pronouncements literally. However, I can attest from experience that Chinese medicine works, regardless of the fact that the explanations given make no sense from a western perspective.

As for the secondary offering, the stock had a great run and since the offering has been reduced (not increased) since the fall in price, it doesn't smack of desparation or chicanery.