"And ever ask yourselves why -- if it was management's intent to ongoingly directly hugely apply equity -- said management doesn't simply massively increase the Authorized in one fell swoop? As opposed to multiple smaller increases over time? Saving time and money. Why not simply raise the Authorized to, say, 5b and be done with it? "
This goes both ways though. If they are increasing it due to the reasons you outlined, why not do it all at once?
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