No, that's not what they are for.
Although, this is consistent with your testimony not matching up with the facts. At least, testimony that opens itself up for falsificaton. The other hearsay testimony which can't be corroborated is not being helped by your continued lack of understanding of what's going on around you. Which continues to erode credibility in your unverifiable testimony.
For some help in translating what our translator is interpreting, let me read the English language attached to the filing in question. It states thus as follows:
"Helix Technologies, Inc. is registering 6,000,000 additional shares of common stock, par value $0.001 per share, issuable under the Helix TCS, Inc. 2017 Omnibus Stock Incentive Plan (the “2017 Stock Plan”)"
The year 2020 minus the year 2017 comes to three years. That means those were restricted shares in a sense, unlike the other clueless one stated, and they were not vested at the time. Restricted in the sense that they werent' even registered. These are legal contracts. This would be registration of those incentives for attracting talent and establishing goals if met. And they are not just coming out freely tradeable as you inaccurate imply. An S-8 is a registration statement. Whoever is vested at this time, be it 50% vested or 100% vested will be legally granted access to whatever they have legally earned at thsi time. And/or the ability to have new underlying incentives to be issues to others in the future. And when issued, they are not vested shares. Or, put another way, they are RESTRICTED. On incentive plans, that's what they do. They incentivize (sp). And as years go by, you become more vested in a company. Perhaps 20% of your rewarded shares are fully vested, which means 20% NOT RESTRICTED after a year or two of service. More service required to be fully vested.
For example, the warrants on KERN like a typical SPAC had no registered shares underlying them. If you were to try to exercise them, your broker would say, sure thing. And then come back and say, err, we can't do that. These shares are not registered. Therefore, they could not be excercised up there when it was trading at above its exercise price. Hence, they were not registered shares. Which could actually be seen as manipulation, which is how I see it, and which is really how the mechanics of how scam stocks work. A SPAC, being the result of DEREGULATION, which people like yourself vote for. So that ignorant people that vote against themselves can be pillaged. That's part of the deregulated situation going on with SPACs. Which I refer to as the underlying "physics." I'm in one of those now. As I said earlier, I prefer to control the water in a desert. Some like liquidity. Which requires shares to be registered and freely tradeable. I say, if you can't beat them, take their land and knock their teeth out. Then tell them to go back and vote for themselves next time.
As usual, we have people talking out two sides of their mouths around here.
Now, toxic financing, being able to exercise at any price below market price is quite another story. And I'd like to see a complete refinancing there, and that doesnt' clear up for another year as things stand at this time.
