Yes there are unlimited shares for sale due to their inability to sell the product. They have to do all this toxic financing to keep operations running. But if they're not building and selling product, what type of 'operations' are they running here? It just looks like their board collects fat checks and in turn does nothing but dilute the share price to keep the lights on.
They lied to the public about moving from a development stage company to a commercialized one with that fraudulent purchase order release in January. And to this point, they're getting away with it and taking everyone's money with them.
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