<< i see no indication that yorkville has sold any of their shares... >>
And you won't get any "indication"...
There is no doubt that they sold all (or most) of their shares. YA II PN makes money by buying shares at a very deep discount and then selling them immediately. They are not in the business of holding shares. As a matter of fact, there is a clause in the contract that says that they can't hold a lot of shares.
<< he doesnt need $5 mil to do what needs to be done to get to the point of revenue... >>
BS. 💩
"we will need approximately $5 million of additional capital to build out our spider silk inventory"
<< the amount of shares registered, 208 mil, is what yorkville and kblb agreed to >>
WRONG AGAIN!
They agreed to $10 million. The number of shares is just a guesstimate by the Serial Liar CEO.
"we may need to register for resale under the Securities Act additional shares of our common stock in order to receive aggregate gross proceeds equal to the $10,000,000 available to us under the SEPA"