Shares are almost maxed. Structure is crap. There are no reserved shares. Dilution is already starting. The company remaining mum on how they’re paying for all this means a drastic upward revision of both AS and OS are in the near and dear future. Or a reversplit and subsequent rediluting.
Sounds lovely, eh?
Oh, let’s not forget about all those debentures still out, effective, and drawing interest at 10-14% per annum....