Nearly all the board and senior staff are over 65 years of age. Another 200,000,000 shares at a dime can raise enough money to fund their severance and retirements.
"In the future, we anticipate issuing additional securities in connection with capital raising efforts, including shares of our common stock or securities convertible into or exchangeable for our common stock, resulting in the dilution of the ownership interests of our stockholders. We are authorized under our amended and restated certificate of incorporation to issue 800,000,000 shares of common stock. As of March 15, 2022, there were approximately 434,717,503 shares of our common stock issued and outstanding."
Notice the above does not necessitate a project to fund, they can just do it. Worst case, they close down, senior staff and board retires. They don't care about the other workers.
But that's not going to happen. They won't cook the goose that lays the golden eggs. They will continue to continue on. They aren't going anywhere.
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