Nor do they have an understanding of basic arithmetic
I see it frequently with smaller companies. They think a RS is a magic cure for the stock price, but they fail to consider the consequences. A story like this didn't need one particularly given the already low share count. We could easily reach a double digit stock price without the RS shenanigans.
The adviser should be fired and replaced. In the interim, Stephenson needs to clarify that the RS won't happen. Best to admit the mistake now and correct it.
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