If Linda owes Linda $100 and the stock price is $0.25 and wants to pay it in shares, it takes 400 shares to square up Linda. If the stock price is $1, it only takes 100 shares.
So Linda, thinking the stock price is going to get to $10 anyway, would naturally rather the price be $0.25 rather than $1, so she can get paid 400 shares and have $4000 later, rather than get paid 100 shares and only have $1000 later.
I don’t quite understand your reasoning that Linda is diluting the stock for her own benefit. If she were to receive 100 shares with less dilution instead of 400, she would probably expect the stock price to rise to $40, not $10.
Who cares? Lmfao are you serious? LP just raping shareholders for her own benefit and you say who cares. She is paying pumpers here to say "advent is just a contractor and nwbo holds the lease/equipment" or "who cares just sell". That is some weak sauce BS.
Mike, do we know how many shares are being sold into the market to pay all of Cognate's costs and how many are being kept for Linda's never-ending greed?