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Hoghead7

05/05/20 9:30 PM

#24341 RE: furface #24339

Proxy, several items, most significant and most popular topic is increasing shares by 50%. They have a couple reasons for the increase, and it would "NOT" increase outstanding shares or market cap if approved. That clearly means approval to add 112,500,000 available for ATM (at the market) sales is not dilution. They want shares for being able to raise $ if and when needed without delay. They would be able to negotiate and/or accept a potential contract if they knew they had the $. They will also insure no one has tried to acquire majority shares over the past couple difficult years for a potential take over. This would eliminate any possibility of that. They are going to need $ or shares to pay preferred shareholders over the next 8-20 months. I am confident they do not have intent to immediately sell any shares, unless they have an investor waiting to invest at an acceptable price which would not negatively impact shareholders value. Few has substantial incentive to get $6 a share and knows darn well he will, this fiscal year. I believe, if they sell shares this year, it will be after Q2 earnings and after Groton is complete. I believe Few easily hits his bonus no later than Q3 Conference Call (early September). Again, that's no later than! I believe we get at least 1 significant news update besides Q2 earnings and Groton COD before end of Q3. Few has proven he has shareholders best interest in mind, knows what to do and how to do it. Transparency and execution. I don't believe anyone can justify any reason not to trust him. So why prohibit him from having access to what they need to be prepared for any and all future situation.