They can issue up to 5% incentive shares per year, or something close to that.
In principle not to Chinese vendors for debt settlement. But to consultants may be different. There were 107,000 of these in Q2 of last year.
The whole thing is just a friggin mess. The increase announced on Merkur today was already known and disclosed by OTC markets on Feb 15. But OTC Markets has a different number as of yesterday which is 300,000 shares higher. And then there's the Dan email so that we are supposed to believe that no more collateral shares have been issued. This... is what we have to go by, apparently.
And this mess, is creating a lot of uncertainty. Which of course is being exploited by the short-scum.
I want Solomon to resign. I have made up my mind. And when the A-shares are gone, I will start a campaign to get rid of him.
