3.5 Billion reasons they may have done this along with a lot of other potential things in the works. Let's say they release some details about the contract and we start climbing fast with a huge run, do you think some dilution into the fold to get some extra scratch will even be noticed? Probably not. People are going to be starving for shares if this contract is worth peoples expectations.
The company has done positive and necessary things to progress towards the nasdaq. It's their mission, vision, and goal. If this step was necessary to get us there, then we will have to trust that it's the right decision.
He's certainly not doing this to move backwards. They have tons of things aligning and shorts are scared "shortless" lol
He cut ties with rnva and 2months later, they did a massive RS. ST3 and his board/c suite are very experienced business owners. For whatever reason they kept this so close to the vest, that Frank didn't know. I could care less.
We would all like more details regarding Ghana and I am sure we will find out soon enough. I doubt we see dilution prior (unless it's to fuel in the tank to support that contract and others) Which I fully support as a large shareholder.
Ive been in biz for 20yrs. You have to have funds to make funds.
This appears to be one of the last puzzle pieces before blast off. Just my take.