From what I’ve heard, they needed the extra authorized shares in case Emil exercises all his warrants/options or whatever he has.
Verizon filed the recent ex part. According to statistics, it can take an average of 25.7 months. Although the ‘606 was under a year, if I’m not mistaken.
I’d be more concerned with knowing what the actual damages VPLM is seeking with Verizon. This is essential and will determine how the market reacts once we get closer to trial. If we get no word on damages sought, don’t expect much appreciation in the PPS. We didn’t with the Amazon case. Just saying…
IMHO