Well, I read the entire thing, nice and slow...
I see the big picture of what Ralston wants to do. It's obvious, that since he has been involved with DIRV, he wants to get the company on one of the big boards (NASDAQ or NYSE).
He has "ALOT" on the line here. Meaning: Very much to lose (both time and monetary investment). That is why the whole thing reads as if it's stacked in his favor.
The report was very detailed, and transparent. A necessity to move up & forward with the plan. Must be full reporting, regardless of the cost, and I guarantee you, that report cost some serious dollars. All required inorder to get listed.
The number of O/S is not that big. It could be much bigger, so I'm not fearing R/S. The float is even smaller, so no worries. I don't foresee R/S happening again. Even though he's done R/S twice in the past... He now owns 51% controlling stake, so he's fully at the helm of the ship (El Capitan) and calling the shots. If you had so much invested, would you not desire the same?
Yes, shares = money, and that goes for any micro company trying to rise above Penny Land. But now it's time to add real value; and by that I mean "REVENUES". In comes the aquisition. 45 million in revenues being added upon completion.
I think we're just fine.
AI
