Wednesday, November 19, 2025 9:01:33 AM
You are BSing or have no idea what you are talking about. You are again being misled by your friends! ;)
No company would intently delay the regulatory approval or decision making, particularly when they have been struggling to survive and raise cash. Just imagine how much additional dilution would an extra 9 month wait would cause. Lets say, an approval came in 9 months ago and the share price doubled at the approval announcement then they would have diluted 100M less shares. And that would be worth a lot more than the $15M even at .50 share price. $50M vs $15M to be precise!
Plus you simply don't add in another (uncertain) piece to the mix when getting the basic approval itself has been a massive challenge. You could potentially jeopardize the whole process and add unnecessary delays.
I am looking forward to your new set of excuses in the New Year! ;)
No company would intently delay the regulatory approval or decision making, particularly when they have been struggling to survive and raise cash. Just imagine how much additional dilution would an extra 9 month wait would cause. Lets say, an approval came in 9 months ago and the share price doubled at the approval announcement then they would have diluted 100M less shares. And that would be worth a lot more than the $15M even at .50 share price. $50M vs $15M to be precise!
Plus you simply don't add in another (uncertain) piece to the mix when getting the basic approval itself has been a massive challenge. You could potentially jeopardize the whole process and add unnecessary delays.
I am looking forward to your new set of excuses in the New Year! ;)
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