Mine is that it is not to line his pockets of course - he is building a business here.
I also don't think it would be better had he done it when we are already into a run.
I am assuming he chose the equity dilution as preferable over toxic financing to purchase new assets or to pay off exisiting debt.
I don't think we can second guess the CEO - like all, hoping (and expecting) we will see clarification on the value the other side of this transaction.
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