I agree 100%.... ive been saying for along time now, that mely had (and still has) the same potential to have a pps/% run, just like erb_b, even w/ our maxed a/s o/s.
Giving the benefit of the doubt to the company & the 3.2 PH/s we all witnessed during hash testing, entirely belongs to us..... that will translate into real revs/real $$$$$$$.
The company could address their debt issues, by paying them down w/ BTC proceeds & creating shareholder value by buying back mely shares on the open market.... and then, somewhere down the road..... do a r/s, specifically for up-list purposes.
sigh.... but we have brett @ the helm & the main reason for the r/s is to have available shares to dilute, to satisfy debt