You're correct, I do speculate all the time, I believe others here do much the same. Based on experience, the company has waited on having something positive to say before holding Annual Meetings, and in the past they've forecast dates and delayed until something they wished to discuss occurred. I believe establishing June, but not a specific date yet, indicates a belief they'll have approval before then, if not, something else of real substance, like acceptance of the EDEN unit. If nothing positive comes out prior to the Annual Meeting being formally announced, roughly 20 or more days before the meeting, I'd not be surprised to see a delay into July, or even later.
I'm of the belief that we'll get a proxy to vote on that will include the authority to raise the authorized shares again. I don't believe that's something they'd want to ask for at prices even close to current prices. Of course it's possible they won't ask for it now, they could also do it later in a special meeting, but I doubt if they can go to the 2025 Annual Meeting for asking for such action even if nearly all holding options hold on without taking stock. With approval the company will clearly need additional funds from somewhere, it could come from a partnership that didn't result in substantial share involvement, but it's likely they'll need more shares. I believe they'll want shareholders to feel comfortable with the share price at the time before voting on authorizing more shares.
Gary
