Tuesday, May 28, 2019 9:54:55 AM
At the same time, we increased our authorized shares to 150 million. WHILE WE ARE VERY COGNIZANT OF DILUTION, we felt this increase in our authorized shares was necessary as we have been exploring potential acquisitions and other INITIATIVES that we believe will HELP ACCELERATE our growth, further establish our leading market position, increase our business development initiatives and set the stage to list on a national exchange.”
To me it says yes we know dilution is not good but we will need money so we will be doing some dilution through that one source. Just like the whole r/s. I saw it from a mile away but was to ignorant to leave at the time. Now I’m in such a hole I might as well stay until it’s a full loss.
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