They could offer 21MM of the Authorized shares to P10 Alternative Funds at $1 a share without legally affecting ownership, I suspect, even though many of the same people are involved with L210 and P10 Alternative Funds.
What you're suggesting is dilution, that hurts the pockets of the board more than it hurts anything else as they've all taken reduced salaries in exchange for the option to purchase common stock. I don't foresee that happening unless the share price is at an ultimate premium much higher than what it is now..... if that's the situation then bring it on!!
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