So, if existing individual investors bought all available shares before the meeting, and voted all their shares against an increase in the OS, would we have a majority to stop them from increasing OS by 25 X?
Perhaps an alternative proposal might be offered to limit them to the 2 billion, not the 10 billion, since that already seems to be priced in. Are they out of their minds to ask shareholders to agree to another 25 times dilution? That makes it, what, about 0.0003 per share post dilution?
We're supposed to agree to that? How do they figure?
Any viewpoints? Any insights into how this would be achieved?
