Current O/S grandfathered in. No change for those ALREADY bloated. Once in effect, if true, any new issues would have to have $ on account to assure use of dilution (at least encourage) would be a value added use. Previously only a means of subsidizing operations or salaries (bonus as well). New ruling tightens use of abuse on issuing at whim.
Hopefully true. About time. That would be VERY good news for investors that do not have an insider status.
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