Lineage Cell Therapeutics Inc (LCTX)

[DeepDive]

To be clear, the objections are to rapid raise in outstanding share count, with nothing to show for it, where executives / Board members wealth is determined by salaries rather than increase in holding value.

Case in point: ISCO @ Stem Cell universe.

Very soon your investment is worth zero while management does a reverse split 100 to 1 and start a new.

BTX has shown great skill in finding non dilutive sources of funds, and the Board has stepped up to the plate and financed the business.

That’s a true partnership and skin in the game.

You can be sure they have no incentive to milk shareholders. Their ultimate wealth is share prices increase.

Years investing and business thought me incentive alignment is everything.

Such a Board will not hesitate to do what is right for shareholders.