How do they intend to make the stock attractive to purchase? If their tech is as good as they say, I don't think that will be a problem at all, and everybody will want to buy the stock, and it will take care of itself. IMO there's no reason whatsoever to R/S. They aren't even close to the authorized limit and as close as they are finally to our goals the price should be going up making any dilution less & less. Revenue should be supplementing future financing soon, and even if they have to have more financing the terms should be much better than before, especially with a higher shareprice. I'm sure there are other possibilities too. Can't really address your question 2 because I don't think it will happen here, but for any company that would, they had better not exempt themselves. It's just wrong.
Gary's comment was simply a rebuttal to yours, that's how it started. I'm willing to guess that he thought yours and the others comments on a R/S are unsubstantiated too. We all have our opinions though. Only the future will tell.