Absolutely, I have never had an issue with small cap or startups using shares to GROW a business... for personal pay or bonuses or trips...no that is not ever in the investors best interest. I feel that when they increased the AS it was strictly for business purpose... pay the bills increase the pay roll where needed and to keep the acquisition and those acquisitions revenue flowing into the company. This company has enough cash on hand to take care of the incidentals so they dont need to sell shares for anything frivolous.
the dilution should only be needed for acquisitions which I think everyone could be on board with.
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