Could be related to new control thru preferred shares as part of RM. instead of using issued common shares. So maybe there is no plan to issue them. But I don’t know. Just guessing.
Unless the Company has something great and is cash flow positive already funding and New Ceo takes over I hope he can fix this mess Ethan keeps doing he seams like a bloody freaken Moron 190 billion Seriously this isn't 2021 when Pigs fly
Yeah, not scam but the sequence of order is bizarre. First should have been letter of intent, learn more about merging business, etc.. then file new share structure and explain the details.
Yes the obvious is no benefit to increasing unrestricted and wouid tank . The benefit for retail is between now and the r/s on merger news. The positive is , I'd say deal is done and we will know soon