That's a ridiculous conclusion. Management are not trying to dilute the company at this depressed level which can be readily seen in their prudent use of C shares. The majority of them have not been sold. If management wanted to help out their large investor friends, as you say, they would be selling many more now.
In fact they have not because they know the value of the company will increase immensely soon. We have seen many non dilutive sources of financing from the gain contingency derivative to the many non convertible short term loans issued over the past couple of years. The evidence does not support your irrational statements.
As Dave Innes told me recently think deeply before you send a "nastygraham" as that only reflects poorly on your judgment while it also damages the company through killing animal spirits.
Not with this crew at the helm it won't. Imagine if approval was announced today with all the unanswered questions from commercial objectives vs. staff, the CDMO arrangement, the cost, the coverage. Never happen. Then all the newbies go to the companies website and see what? Can't make it up.
"That alone will warrant multiple beggar if not more."