DSS Inc (DSS)

[Giovanni]

"Raising capital at these levels is not something we want to do"!

Really? Where was the forethought on raising money when their stock was @$4 or $3?
I believe the money has DSS over a barrel and they will be forced to do a very, very lousy financing.

Al;ong with tax selling this is going to be a tough Nov and Dec for Dss.

"In addition to registering the stock underlying these warrants, DSS registered up to fifteen million shares of common stock which could be used to raise capital through the future sale of equity. Once the shelf is made effective, DSS may seek strategically to sell its common stock by pulling shares off the shelf in one or more offerings, in amounts, and at prices, to be determined. DSS has no immediate plans to do so based on current market prices.

Peter Hardigan, COO of DSS stated, "As a public company, we intend over the long term to use our balance sheet to fund all our acquisitions, however at this point in time, it makes sense to share risk with private investors focused on the monetization part of our business as we diversify our IP investments. Raising capital at these levels is not something we want to do"