I am familiar...had read the article before being posted here. It has nothing to do with DPLS. But don't take my word for it. Read the quote by Dennis O'Leary from his letter to shareholders on December 23, 2022 -- quoted and linked below. So which version is true and which version is BS? Is it the admission of shareholder value destruction via dilution? Or was it the negative effect of shorting that caused the carnage? By the way >>
In that letter, Dennis told shareholders revenue will be increasing throughout 2023. It has gone down by a whole hell of a lot. Toxic financing is (and has been) the order of the day. Dennis also admitted that. So now it's this new "story" to deflect from the old story. You will be told what you want to hear. I stand by my comments: You are all being played and eventually, you will find that out.>>
We believe the dilution suffered by the Company’s shareholders in the past was necessary to get us to this point by financing growth through funding acquisitions and operations. ...At the time of the acquisition, the cost just to operate Optilan was exorbitant, some $20M in the last year, however, we had anticipated this financing need both in the short and long term.