And by the way, most of the time, that term "raising capital" refers to placing more shares into the market. It's also plausible that INVA has quietly added additional shares over the past month or so. Yes, the Nevada filing says 500M A/S, but that could be easily updated after the fact.
If this is the case, it's held up nicely. Don't know this to be the case, just speculating, but from November 1 thru December 12, 325M shares traded. From December 13 forward, over 700M shares traded, with a couple of 50M+ days the past two sessions.
Throw another 50M x 5 for next week and we're talking close to 1B shares? Kind of hard to deny there's not at least some dilution.
Now is that necessarily a bad thing? Nope. Not at all. Not if there's a merger that materializes that is in the best interest of INVA shareholders. 500M+ new shares over the prior comparable period of time could mean that the newly formed company has raised funds and will be coming out of the gates with a sizable nest egg for operating capital.
All just speculation and thinking out loud, but something to consider.
