Spoke to Burg. He said they have no intention of dilluting this year or anytime soon.
The A/S proposed increase is an insurance policy so to speak. (") are basically what he said to best of my memory.
1) "God forbid we didn't get the loans but I think they're VERY close". 2) "Stock options to entice high level employees to come on board". 3) "An insurance policy so to speak".
I think they may actually be protecting from a buy out but I'm not an expert on such things. Smart
My posts are my opinion, make your own decisions. And remember, all fear is an illusion.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.