It's insane!!!!!!! Defending such major dilution. Now I could see a couple hundred mil for acquisitions but 1.6, yes my math was wrong it's 1.6 not 1.4 billion, in three months. BS. OK. 700 mill have not been dumped yet but they will.
First, it's not 1%, second, Aziz doesnt need me to defend him (or anyone for that matter). He's a CEO trying to make shareholders money. And since he owns more than half of this outfit - I don't think he's eager to wipe out his net worth.
It's amazing, isn't it? Aziz is doing the same thing he has always done and is doing exactly what we said he would do. He is printing shares and dumping them like a madman. A leopard does not change his spots.
If people want to lose all their money by investing in this stock printing and dumping company as others have for the last ten years, then no one can say they were not forewarned. This is a stock selling scam and nothing more. Furthermore, the price reflects it. I believe it will go to minimum bid and then he will do another reverse split
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