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22rover

01/18/24 12:09 PM

#24291 RE: ProfitsSeeker #24290

You make good points. Most RSs are bad for shareholders.

In this case the company won't dilute below below .18. That's the level of the last raise took place. I suggest you read the filings in this regard.

If I were to guess, a RS happens alongside a move to a bigger board.