"new investors seek more to buy": If the company doesn't issue more shares and new investors buy from the market the pps will move higher fast. If new investors want to buy and you keep issue what they want the pps will not move but get stuck where it is.
"the Nevada move is being done to clear out a ton of dirty investors": Why not move to NJ or NY instead of the infamous Navada?
I do think 10b AS stinks. They ask for 10b AS. It means they need to issue 10b. If they don't want to issue 10b, for what they ask for 10b? If you are applying for a grant, you need 100k but you apply for 500k, does it make sense? The grant office will definitely say nonsense. The reason is simple: Once the money is on your hands it is out of their control. The same happens here. You think, or as somebody else said by rumor, the company will not issue that many. But once approved, it is out of shareholders' control.
I do not see the necessity of 10b AS at all. As many others said, $375 is more than enough to build and run the Poland facility. Then just use the money to run it and show the world audited finance. VC will line up to compete for the 2nd $375 or more for the 2nd facility. Then the 3rd, the 4th, the 5th...
Once again, if you don't need it for what the hell you ask for it? This is not a computer game. It is a serious business.
People please argue with logic instead of pollution words such as "retarded," which makes the board stinky.