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Re: TheAmbassador post# 204381

Saturday, 07/16/2022 10:04:31 AM

Saturday, July 16, 2022 10:04:31 AM

Post# of 220256
If you had paid more attention, you would realize this was done before the AS was expanded, as a way to sell off the balance of the then-existing AS. After they expanded the AS, they didn't need it as written, because the AS is now larger. They will either use this larger AS to acquire more technology, or use it to raise money via selling shares and diluting us further or to back convertible loans, which will also dilute us further.