Don't get distracted by the ownership of common shares by management, it is almost meaningless. Toxic debt, issuance of new shares, preferred share conversions, all matter so much more.
How will a RS turn MDNT into a real company? The same people responsible for its destruction from $.20 a couple of years ago (ex Manu), are still involved and running it. So, a rs that brings it back to $.10 is supposed to make it all good?
I'm not here to re debate all of these issues. It isn't as if there really is a debate to be had. What has occurred with MDNT has been obvious for a long time. I just cannot believe it when I see someone telling people that they should beg Finra for RS approval. Thus, I found it difficult to keep my mouth shut.
Good luck.
This post is just my opinion. I am a 100% non-compensated poster posting solely for my own interests and/or entertainment.