Well? What do you expect? It's out of CEO's hands. He had to raise finance and those $ were converted to shares and that is where the dilution comes from and after a deal is done he has no control what investors do with the preferred and shares they hold.
Of course people on the board will play that down and even claim such finance does not exist and even that the company has no debt. They basically have nothing but debt. Or debt coming....bills must be paid......counsel fees must be paid. Salary must be paid. Exchange fees must be paid....on and on .......what debt? ..
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