It happens with Gannon Giguiere a lot. Normally it’s because the toxic financiers are not getting paid per the agreed upon terms. Everything is all rosy when the Insiders get the money from the toxic funders, but they have short memories when it comes time to pay it back.
So shareholders get diluted, then it appears Giguiere tries stiffing the funders as well.
One of EVTI’s toxic financiers is Vires, I believe that company is owned by Asher. lol...the list is long.