But in a sense its EVCA that is issueing "new" shares each time when they trigger a drawdown. Do they have an obligation to disclose that? I mean with the first dd they gonna release about 15mil (+-0.016)/250k, with the second 0.025=10mil/250k and so on.
Ok, the SP should rise after every new dealership opens, so therefor less dilution each advancing step of the way, but how many shares will they have issued when the 10mil from Auctus is spent on their progression?
In my example alone EVCA needs 25mil Shares to open 2, just saying...
But on the other hand if "we" keep it at an high enough level then they won't have to issue so much shares... Higher prices are good for EVCA, Auctus, shareholders, everybody happy!!
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