Would not make sense to dilute at this level, not only would they have to dump millions of shares to make any money, but they would have to do a share increase to even have the shares needed to dump.
Here are the advantages.
A higher pps would mean convertible notes get paid off quicker.
A higher pps would mean Rozinski and Patten make more on their conversion.
A higher pps won't come without releasing those fins.
And last thing, their is a bright side to this scenario. I doubt highly that Finra will approve any r/s or any other nonsense to a company that is 2 filings late, and defaulted in their Corporate license. Even if they are a voluntary filer.
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