are you really sure the present O/S is that much?remember they had a R/S on June 1st,so wouldn't the O/S be much less than it was in March? Quoting from the SEC filing dated 6/1/18:
My calculation is that with the 5.7 million share offerings since then,the present O/S should be around 9.1 million(2.4 + 5.7)? Am I missing something?