Capstone Green Energy Corp (fka CGRNQ)

[Jettyrat]

"One wonders why such a move would be approved to the board."

It seems pretty clear that the board and management of this company learned a long time ago that a steady drip drip drip of dilution with periodic reverse splits puts money in their own pockets. It is also abundantly clear that they are perfectly happy to wipe out shareholders as long as that continues to happen. When music finally stops they will be the ones sitting comfortably and they will just move on to loot some other company while shareholders are left standing exactly nothing, not an empty chair to be found.