The shareholders gave her the golden pass to dump 900,000,000 new shares and keep enriching herself. And the shareholders get . . . bupkus. You can't make it up. She's been doing this for years and years and produces nothing. The ASM yesterday was the same as every ASM that came before. Groundhog Day. There is nothing. No news. Zero progress. She says she has no idea where the application to MHRA stands, which is a complete lie. She knows d--n well where it stands and she sat there and lied to everyone on a conference call. The shareholders supporting this are beyond fools.
Fact ✅️: Authorized share increases are normal for companies planning ongoing or expanded operations. No dilution occurs unless & until those shares are actually issued…
Authorized shares are not issued shares.
Having authorized shares is strategic & preserves a range of options & flexibility for future needs which may include partnerships, negotiating deals, or otherwise expanding the company.