Wednesday, March 28, 2018 9:21:16 PM
The lower the share price goes before profitability, the more the OS count increases exponentially (it takes more shares to raise the same amount of money). There's a good cushion of shares in the AS remaining now, but those could all get eaten up rather quickly. Once gone, they would have to do another RS.
15M+ shares outstanding now, and currently the AS is 1B shares. That leaves roughly 985M shares for dilution.
If heaven forbid the share price drops down to a penny a share, 985M shares in the AS only raises $9.9M, maybe enough for a couple months of operation.
I just hope they become profitable before the AS gets used up again. However, if they become profitable, it will be blue skies for this stock.
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