We have known about the possible AS increase for a couple weeks now. I wouldn't be surprised if the SEC allows it.
It could be to cover the 5M in Atlas debt, and if it is, it would never be issued, but more of an insurance policy if "Yellow" and other revenues were not as expected. 5B AS at par value of 0.001 is 5M in authorized capital.
Until we get a PR or SEC filing this is all speculation. In my opinion, Def 14C will not be filed and possible AS increase will expire. I know someone will correct me if I'm wrong, but I believe Tuesday is the final day that can be filed without issuing a new pre14C.
Luckily we did not receive any PR on Friday which is usually when bad news comes down. Hopefully we get a mega PR Monday morning and this thing runs all week.
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