They had the exact same statement at the "SHM" as the last time when Peter put out the shareholder letter sayin' they had no plans to do so... I think BOTH times, they thought they would be able to sell less shares at a higher PPS... they obviously will need to raise the AS again, or if they keep their word this time... do a RS ;-) lol
Nah, they're gonna claim they needed to raise the AS for a third time in 9 months because they need money to launch a major marketing campaign that will be a trivial non-event.
They already teed this up as their alleged "October launch".
Just like Superbowl Sundae.
A fugazi used to befuddle the easily serially befuddled.
The game plann is all spelt ~OUTT/spilt ~OUTT in the emails.
Only NONE of the new shares go for new money or services - they go to pay for convertible debt and other liabilities and obligations that are 12 months OLD as aged debt.